2223 Rosstown Rd, Nanaimo, BC V9T 3R4

$699,000
5
BD
2
BA
2,091
SqFt

Courtesy of Pemberton Holmes Ltd. (Pkvl)

List Price
$699,000
Status
ACTIVE
MLS®
943835
Property Type
Single Family Residential
Year Built
1981
Style
Grd Lev Ent-Main Up
Bedrooms
5
Total baths
2
Living Area
2,091
Acres
0.15
Lot Size
6,460
District
Nanaimo
Neighbourhood
Na Diver Lake

Property Description

Great holding property located in central Nanaimo. Easily walkable to grocery stores, restaurants and Beban Park Recreational Facility and sports fields. Great mountain views from the back deck. Official Community Plan proposes "Neighbourhood" zoning for the property, which would allow for up to four stories of multifamily or mixed commercial/residential. The property is surrounded on two sides by "Mixed-Use Corridor" which is currently being developed into townhouses. This is an opportunity to earn rental income while holding a property with great development potential. Upper unit is currently vacant. Lower unit will be vacant at the end of September. Ready to move in, or place tenants at market rent!

Additional Information

Layout
Ground Level Entry With Main Up
Lot Features
Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Private, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, See Remarks
Heating
Baseboard, Electric
Flooring
Mixed
Roof
Asphalt Shingle
Parking Spaces
4
Exterior Features
Balcony/Deck, Balcony/Patio, Fenced, Fencing: Partial, Garden, Lighting, Low Maintenance Yard
Interior Features
Dining Room, Eating Area, Storage
Parking Type
Additional Parking, Driveway, Open, RV Access/Parking
Kitchens
2
Laundry Feature
Common Area
Fireplace Description
Electric
Taxes
$3,665
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

“NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.