5 beds · 2 baths · 2645 sqft
Turn-Key investment! Spacious home with 2 bedroom, legal suite with level-entry on a spacious 0.22 ac lot. Located on a quiet side street in popular central Nanaimo by Bowen Park for hiking & varied recreation with sports field, Rec Centre, tennis courts, outdoor swimming pool, playground, river, rhododendron grove, picnic areas & playground. Walk to the hospital, transit, schools, grocery stores & restaurants. Huge lot with interesting potential given the city’s recent adoption of R5 zoning for increased density. Tenanted up & down with professional property management in place makes this an easy holding property or land bank. 3 bedroom & 1 bathroom upper & 2 bedroom 1 bath suite with separate shower. 2nd entrance through Garage avoids the stairs to the suite for mobility challenged residents. Plenty of off-street parking & a spacious detached greenhouse or storage room. Excellent Value! Priced sharply for a quick sale. All measurements approximate. (id:39198)
Building Type House
Year built
Square Footage 2645 sqft
Stories
Bedrooms 5
Bathrooms 2
Parking 4
NeighbourhoodCentral Nanaimo
Land size 9583 sqft
Heating type Baseboard heaters
Basement type
Parking Type
Time on REALTOR.ca6 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: RE/MAX of Nanaimo
Home price
$724,900
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$6,594 / month
Rent $5,831
Savings $763
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$5,811 / month
Rent $5,653
Savings $159
Initial deposit 5%
Savings target Fixed at 5%