934 Townsite Rd, NANAIMO

2024-06-24
 

Quick Summary

Location
934 Townsite Rd, NANAIMO, British Columbia V9S1M1
Price
$585,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1838ft2
Bedrooms:
3
Bathrooms:
2
Year of Construction:
1953

MLS®#967015

Property Description

Attention Investors! Here's your chance to seize a prime redevelopment opportunity in central Nanaimo. This 6510 sqft flat lot boasts dual road frontages and is serviced with water, sewer, and natural gas, setting the stage for a variety of development possibilities. Currently generating $2875/month in rental income, this property offers financial flexibility while you plan your next move. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, sunroom, and a separate 1 bed, 1 bath suite that can easily be integrated. Additional perks include a 5'9'' basement for storage, recent updates such as new floors, paint, and bathroom fixtures, plus a roof approximately 10-15 years old. Parking is abundant with space for cars or RVs, and there's potential to add a workshop or detached garage with access from Eberts Street. Located within minutes of Nanaimo Hospital, Vancouver Island University, Departure Bay Beach/Ferries, and other key amenities, this property promises both convenience and growth potential. Don't miss out on this rare opportunity to capitalize on Nanaimo's real estate market! All measurements are approximate and should be verified if important. (id:32467)

Property Features

Building

  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 1838 sqft
  • Building Type: House

Features

  • Feature: Central location, Level lot, Park setting, Southern exposure, Partially cleared, Other, Rectangular, Marine Oriented

Land

  • Land Size: 6510 sqft

Ownership

  • Type: Freehold

Structure

  • Structure: Patio(s)

Zoning

  • Description: R1

Information entered by RE/MAX of Nanaimo
Listing information last updated on: 2024-09-22 03:13:00


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

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Yes, and yes.


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