1400 Townsite Rd, NANAIMO

2026-02-17
 

Quick Summary

Location
1400 Townsite Rd, NANAIMO, British Columbia V9S1N1
Price
$795,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
2275 sqft
Bedrooms:
6
Bathrooms:
2
Year of Construction:
1967

MLS®#1026033

Property Description

See the mountains from your living room. This recently updated 6-bedroom home is located in central Nanaimo and offers an excellent opportunity for both homeowners and investors. Situated on a quarter-acre double lot with lane access, this is a rare find in Nanaimo. Neighbouring lots have already been subdivided, and the property presents strong redevelopment potential for multiplex or multifamily use. The home was renovated in 2018, including all new appliances. Recent updates include interior paint, a new roof, a new hot water tank, and more. Ideally located just minutes from Nanaimo Regional General Hospital and Vancouver Island University, the property is well positioned to attract both professionals and students. It is also conveniently located near both ferry terminals, with easy access to parks, shops, and other amenities. The property can be rented immediately for an impressive 5% cap rate. Plumbing is already in place downstairs, allowing for the addition of a secondary suite. (id:32467)

Property Features

Building

  • Appliances: Refrigerator, Stove, Washer, Dryer
  • Cooling Type: None
  • Fireplace: Yes
  • Interior Size: 2275 sqft
  • Building Type: House

Features

  • Feature: Central location, Southern exposure, Other

Land

  • Land Size: 10312 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R5

Information entered by Sutton Group-West Coast Realty
Listing information last updated on: 2026-02-18 21:02:12


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Your One Percent Realty Commission savings

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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. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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