Area: British Columbia
Advertise With UsSitemap
Turn-Key Investment Property Near VIU – Strong ROI & Market Rent in Place. Opportunity knocks with this fully tenanted 6-bedroom, 3-bathroom investment property, just steps from Vancouver Island University. The COR1 zoning allows for mixed use commercial/residential or up to 6 story multi-family making this a great holding property with cashflow today and development potential in the future. Spanning 2,120 sqft over two self-contained levels with three bedrooms per floor, offering excellent rental flexibility and consistent cashflow. Both suites are currently occupied by long-term tenants paying market rent, contributing to a solid cap rate and low vacancy risk. This income-generating property is perfectly suited for investors seeking a high return on investment in a high-demand rental area with development potential. (id:44056)

Property Details

Full Address:
546 Wakesiah Ave, Nanaimo, British Columbia
Price:
$ 719,000
MLS Number:
1010599
List Date:
August 8th, 2025
Lot Size:
4830 sq.ft.
Year Built:
1981
Taxes:
$ 4,298

Interior Features

Bedrooms:
6
Bathrooms:
3
Air Conditioning:
None
Heating:
Baseboard heaters

Building Features

Zoning:
Residential
Garage:
Carport
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 4,298

Floors

Finished Area:
2120 sq.ft.
Main Floor:
2120 sq.ft.

Land

Lot Size:
4830 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca
Jason Ridout Pemberton Holmes Ltd. (Pkvl)
 604-916-5681
Request Listing Info
  • This field is for validation purposes and should be left unchanged.
  • This field is hidden when viewing the form

Is this your listing?Advertise With Us!

Listing Agent(s)

Listing: Jason Ridout
Pemberton Holmes Ltd. (Pkvl)

Similar Listings

Copyright © Real Estate Guide 2021 | Legal | Sitemap
Area Modal Trigger
X