$739,000
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1575 Townsite Rd, Nanaimo

Nanaimo, BC V9S 1M9
MLS® 1033554
5
Bedrooms
3
Bathrooms
2,107
Sq Ft
1968
Year Built
11
Days on Market

Description

Investment Opportunity in Central Nanaimo. Priced below assessed value!! Discover this versatile legal duplex with a bonus unauthorized suite, ideally situated in a sought-after rental hub near Vancouver Island University, Nanaimo Regional General Hospital, public transit, and major shopping centers. This income-generating property offers three separate suites: Two 2-bedroom, 1-bath units, one 1-bedroom, 1-bath suite. Enjoy stunning views of Mt. Benson, two separate hydro meters, a covered carport with parking for two vehicles, and a spacious 11,000 sq.ft. lot. Whether you're looking to live in one unit while renting out the others, or fully lease all three, this property is well-positioned to capitalize on Nanaimo’s low vacancy rates and strong rental demand. Currently tenanted, it's a turnkey opportunity to start or expand your real estate portfolio.

Property Details

Property Type Residential
Property Sub Type Full Duplex
Listing ID 1033554
Status Active
City Nanaimo
Area Nanaimo
Sub-Area Na Central Nanaimo
Postal Code V9S 1M9
Property Taxes $5,209.33 (2024)
Parking Total 4
Facing North
Water Municipal
Sewer Sewer Connected
Heating Baseboard,Electric
Cooling Other
Construction Stucco & Siding
Roof Membrane
Foundation Poured Concrete,Slab
Basement Full
Laundry Common Area
Listed Date Apr 27, 2026
Ownership Freehold
Lot Size 0.00 acres

Rooms

Room Level Dimensions Description
Bathroom Main level 4-Piece
Bedroom Main level 13\' x 13\'
Bedroom Main level 11\'11 x 10\'10
Dining room Main level 11\'11 x 10\'10
Kitchen Main level 8\'8 x 7\'7
Living room Main level 15\' x 13\'

Building Details

Heating Baseboard heaters
Heating Fuel Electric
Stories -1

Additional Information

Building Type Duplex
Interior Size 2107 sqft
Transaction For sale

Location