89 Princess St

Status
active
Nanaimo, BC V9R 4M4
$ 659,900
  • 3
  • 3
  • 1,861
  • 1980

This property features income-generating suites, each with private entrances, situated in an area with high rental demand. An excellent opportunity to begin or expand a real estate portfolio and leverage tenant income to cover mortgage costs. The property currently generates over $3,800 in monthly revenue. The upper unit includes two bedrooms, one bathroom, and direct access to a sunlit backyard. Additionally, there is a one-bedroom lower suite and a third bachelor suite. Benefiting from exposure on two road frontages, the property offers convenient parking. Its proximity to downtown and the university makes it ideal for both rental investment and owner-occupation. The yard is low-maintenance, and the home has undergone numerous recent updates, including the roof.

Property Type
Year Built
MLS #
SqFt Total
Lot Size
Building Style
Parking Total
Tax Annual
Community Information
Neighborhood
City
This property features income-generating suites, each with private entrances, situated in an area with high rental demand. An excellent opportunity to begin or expand a real estate portfolio and leverage tenant income to cover mortgage costs. The property currently generates over $3,800 in monthly revenue. The upper unit includes two bedrooms, one bathroom, and direct access to a sunlit backyard. Additionally, there is a one-bedroom lower suite and a third bachelor suite. Benefiting from exposure on two road frontages, the property offers convenient parking. Its proximity to downtown and the university makes it ideal for both rental investment and owner-occupation. The yard is low-maintenance, and the home has undergone numerous recent updates, including the roof.

Map

Rooms

Studio
Living Room
Bathroom
Bathroom
Bedroom
Kitchen
Living Room
Dining Room
Bedroom - Primary
Bathroom
Bedroom

Property

Lot Size
Lot Features
View
Direction Faces
Sewer
Water
Utilities
Bedrooms
Bathrooms
Year Built
Property Condition
Style
Construction Materials
Roof
Foundation Materials
Interior Features
Building Features
Appliances
Fireplace
Flooring
Entry
Laundry Features
Additional Accommodation
Kitchens
Accessibility Features
Other Structures
Parking
Garage Spaces
Parking Total
Heating
Cooling
Pets Allowed

Other

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Area
County
City
Postal Code
Major Area
Tax Annual
Tax Year
Rental Allowed
Association Fee Year
Youngest Age Allowed

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Derek Gillette PREC*
1-250-585-3322

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89 Princess St, Nanaimo, BC, V9R 4M4

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