BC > Nanaimo
Nanaimo, BC V9R 3L1,546 Wakesiah Ave
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Nanaimo, BC V9R 3L1,546 Wakesiah Ave,Video Tour
Nanaimo, BC V9R 3L1,546 Wakesiah Ave
Nanaimo, BC V9R 3L1,546 Wakesiah Ave
Nanaimo, BC V9R 3L1,546 Wakesiah Ave
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Dustin Miller

Dustin Miller

+1(778) 678-9815
$ 749,000
Est. payment /mo
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546 Wakesiah Ave Nanaimo, BC V9R 3L1

6 Beds

3 Baths

2,120 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,120 sqft

Price per Sqft $353

MLS Listing ID 1010599

Style Main Level Entry with Upper Level(s)

Bedrooms 6

Rental Info Unrestricted

Year Built 1981

Annual Tax Amount $4,298

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Detached

Property Description

Turn-Key Investment Property Near VIU – Strong ROI & Market Rent in Place.
Opportunity knocks with this fully tenanted 6-bedroom, 3-bathroom investment property, just steps from Vancouver Island University.
The COR1 zoning allows for mixed use commercial/residential or up to 6 story multi-family making this a great holding property with cashflow today and development potential in the future.
Spanning 2,120 sqft over two self-contained levels with three bedrooms per floor, offering excellent rental flexibility and consistent cashflow.
Both suites are currently occupied by long-term tenants paying market rent, contributing to a solid cap rate and low vacancy risk. This income-generating property is perfectly suited for investors seeking a high return on investment in a high-demand rental area with development potential.

Location

Province BC

County Nanaimo, City Of

Area Na University District

Zoning COR1

Rooms

Basement Full, Walk-Out Access, With Windows

Main Level Bedrooms 3

Kitchen 2

Interior

Heating Baseboard

Cooling None

Heat Source Baseboard

Laundry Common Area

Exterior

Parking Features Carport

Carport Spaces 1

Roof Type Fibreglass Shingle

Total Parking Spaces 4

Building

Faces East

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Additional Building Exists

Structure Type Frame Wood,Insulation All,Insulation: Ceiling,Insulation: Partial,Insulation: Walls,Stucco

Others

Pets Allowed Yes

Restrictions ALR: No

Tax ID 004-310-462

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Virtual Tour https://my.matterport.com/show/?m=wqWbMhSnqKG

Listed by Pemberton Holmes Ltd. (Pkvl)
Dustin Miller

Dustin Miller

Broker | License ID: 166888

+1(778) 678-9815

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