House for Sale in Nanaimo
546 Wakesiah Ave, Nanaimo, BC
- 3+3 BEDS
- 3 BATHS
- 212 sq.ft. Home
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- House for Sale in Nanaimo
Key Facts
- MLS® #: 1010599
- Property ID: SIRC2558652
- Property Type: Residential, Single Family Detached
- Living Space: 212 sq.ft.
- Lot Size: 0.11 ac
- Year Built: 1981
- Bedrooms: 3+3
- Bathrooms: 3
- Parking Spaces: 4
- Listed By:
- Pemberton Holmes Ltd. (Pkvl)
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.
Rooms
- TypeLevelDimensionsFlooring
- KitchenMain28' 5.3" x 34' 2.2"Other
- Living roomMain58' 9.5" x 41' 3.2"Other
- Dining roomMain23' 2.7" x 34' 2.2"Other
- BedroomMain37' 5.6" x 34' 2.2"Other
- BedroomMain38' 6.5" x 29' 6.3"Other
- BedroomMain34' 8.5" x 29' 6.3"Other
- KitchenLower50' 3.5" x 37' 8.7"Other
- BedroomLower38' 9.7" x 31' 8.7"Other
- Living roomLower50' 3.5" x 38' 6.5"Other
- BedroomLower42' 11.1" x 31' 8.7"Other
- BedroomLower33' 4.3" x 31' 5.1"Other
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Location
546 Wakesiah Ave, Nanaimo, British Columbia, V9R 3L1 Canada
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