546 Wakesiah Ave, Nanaimo, BC V9R 3L1
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546 Wakesiah Ave, Nanaimo, BC V9R 3L1
546 Wakesiah Ave, Nanaimo, BC V9R 3L1
546 Wakesiah Ave, Nanaimo, BC V9R 3L1
546 Wakesiah Ave, Nanaimo, BC V9R 3L1
Listing by Jason Ridout Pemberton Holmes Ltd. (Pkvl)
Bought with Selina Xia eXp Realty (NA)

$685,000

Est. payment /mo

$700,000

2.1%
Est.Price: ?

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546 Wakesiah Ave Nanaimo, BC V9R 3L1

6 Beds

3 Baths

2,120 SqFt

SOLD DATE : 03/19/2026

Key Details

Sold Price $685,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,120 sqft

Price per Sqft $323

MLS Listing ID 1023285

Style Main Level Entry with Upper Level(s)

Bedrooms 6

Year Built 1981

Annual Tax Amount $4,685

Tax Year 2025

Lot Size 4,791 Sqft

Property Sub-Type Single Family Residence

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

Community Na University District

Area Nanaimo

Zoning COR1

Rooms

Kitchen 2

Interior

Heating Baseboard

Cooling None

Laundry Common Area

Exterior

Parking Features Carport

Garage Spaces 4.0

View Y/N false

Roof Type Fibreglass Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Special Listing Condition Resale

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Dustin Miller

Dustin Miller

+1(778) 678-9815

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Dustin Miller

Dustin Miller

Broker | License ID: 166888

+1(778) 678-9815

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