Name: 546 Wakesiah Ave, Nanaimo | MLS® 1010599
SKU: 1010599
Price: 749000.0 CAD
Availability: InStock

$749,000 Sale

Listed 10 days ago

546 Wakesiah Ave

MLS® 1010599 House

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Beds · 6

Baths · 3.0

Parking · 4

Sqft · 212

Est. mortgage

$2,841/mo

Key Facts

Key facts for 546 Wakesiah Ave

Property Type

House, House

Parking

Garage: No, 4 parking

MLS #

1010599

Size

212 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1981

Maintenance Fee

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 ma...king 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. (id:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

3.0

Square Footage

212 sqft

Heating Type

Baseboard heaters

Air Conditioning

None

Kitchens

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

3.0

Square Footage

212 sqft

Heating Type

Baseboard heaters

Air Conditioning

None

Kitchens

Full Bathrooms

Half Bathrooms

Exterior

Acreage

4830 sqft

Parking Spaces

Garage Spaces Y/N

Zoning Type

Residential

Zoning Description

COR1

Acreage

4830 sqft

Parking Spaces

Garage Spaces Y/N

Zoning Type

Residential

Zoning Description

COR1

Building Description

Style

House

Home Type

House

Subtype

House

Year Built

1981

Style

House

Home Type

House

Subtype

House

Year Built

1981

Community

University District

Area Code

Nanaimo

Community

University District

Area Code

Nanaimo

Other

Virtual Tour Link

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

Virtual Tour Link

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

Room Types

Bathroom

Dimensions 4-Piece x 4-Piece

0 sqft

Bedroom

Dimensions 10'2 x 9'7

97.43 sqft

Bedroom

Dimensions 10'7 x 9'0

95.25 sqft

Chrissy Sommer

Email: [email protected] Cell: 778-552-5678