Cute older home in Nanaimo’s Old City, situated on a large level lot zoned DT8, which allows for numerous uses including multi-family, retail, office etc. City allows 3-levels but could go higher with variance. Currently tenanted for $1,750 per month, not including utilities, this 2000+ sq.ft. home includes 3 bedrooms, 2 bathroom, and has the potential to add a suite downstairs. Located in a lively area of downtown that is undergoing major gentrification with new hotels & condos near by, this is an ideal property to live in or hold, and collect income while making redevelopment plans. This ultra-convenient location is a high-demand rental area, and is within walking distance of all downtown amenities, the seawall, seaplanes to Vancouver, and close to the university. Possible land assembly opportunity; reach out to the listing agent for more details. Measurements are approximate & should be verified if important.
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Cute older home in Nanaimo’s Old City, situated on a large level lot zoned DT8, which allows for numerous uses including multi-family, retail, office etc. City allows 3-levels but could go higher with variance. Currently tenanted for $1,750 per month, not including utilities, this 2000+ sq.ft. home includes 3 bedrooms, 2 bathroom, and has the potential to add a suite downstairs. Located in a lively area of downtown that is undergoing major gentrification with new hotels & condos near by, this is an ideal property to live in or hold, and collect income while making redevelopment plans. This ultra-convenient location is a high-demand rental area, and is within walking distance of all downtown amenities, the seawall, seaplanes to Vancouver, and close to the university. Possible land assembly opportunity; reach out to the listing agent for more details. Measurements are approximate & should be verified if important.
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