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Nanaimo | Central Nanaimo
This Central Nanaimo property offers a rare opportunity for investors or first-time buyers, featuring a home and detached shop situated on two legal lots — both zoned R5, allowing for medium-density residential development. Located near the hospital and Bowen Road’s commercial corridor, it’s ideally positioned for convenience and future growth. It’s equipped with a 200-amp electrical service and an 80-amp subpanel in the shop. The main level includes a kitchen, living room, sunroom, four-piece bathroom, master bedroom, and a second bedroom (no closet). The underheight lower level offers a third bedroom, spacious family room (could be a fourth bedroom), three-piece bathroom and laundry area. Outdoor features include a large covered deck (20x10) perfect for entertaining, a fully fenced yard, patio, and a 25x20 garage/shop accessible from Boundary Crescent or the alley. Whether you choose to live in the home or rent it out, this property offers flexibility while you explore development possibilities. (id:60457)
| Property Type | House |
| Bedrooms | 4 |
| Bathrooms | 2 |
Asking Price | $679,000 |
Floor Area Price per SqFt | 2,101 sqft $323 |
| Age | 77 years (1948) |
Land Size Price per Land SqFt | 0.18 ac (8,050 sqft) $84.35 |
| Property Taxes | $3,994 |
| Ownership Interest | Freehold |
| PID | 006-987-737 |
| Seller's Agent | Sutton Group-West Coast Realty (Nan) Sutton Group-West Coast Realty (Nan) |
| ✓ Central location | ✓ Level lot |
| Year | Total | Land | Impr. | YoY Change | Taxes |
|---|---|---|---|---|---|
The displayed rates are provided as guidance only, are not guaranteed, and are not to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.
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