BC > Nanaimo > University District
Nanaimo, BC V9R3L1,546 Wakesiah Ave
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Alexandra Daigle

Alexandra Daigle

+1(506) 440-7057
$ 749,000
Est. payment /mo
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546 Wakesiah Ave Nanaimo, BC V9R3L1

6 Beds

3 Baths

212 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 212 sqft

Price per Sqft $3,533

Subdivision University District

MLS® Listing ID 1010599

Bedrooms 6

Year Built 1981

Lot Size 4,830 Sqft

Acres 4830.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

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:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 2.0

Extra Room 1 Lower level 4-Piece Bathroom

Extra Room 2 Lower level 9'7 x 10'2 Bedroom

Extra Room 3 Lower level 9'8 x 12'10 Bedroom

Extra Room 4 Lower level 9'8 x 11'10 Bedroom

Extra Room 5 Lower level 11'9 x 15'4 Living room

Extra Room 6 Lower level 11'6 x 15'4 Kitchen

Interior

Heating Baseboard heaters

Cooling None

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 4

Private Pool No

Others

Ownership Freehold

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Listed by Pemberton Holmes Ltd. (Pkvl)
agent

Alexandra Daigle

Agent

+1(506) 440-7057

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546 Wakesiah Ave