Address
2223&2225 Rosstown Rd Nanaimo, BC
Price
$ 1,099,800
Property Attributes
  • MLS#860306
  • TypeSingle Family
  • CityNanaimo
  • AreaNanaimo - City of
  • NeighbourhoodDiver Lake
  • Postal CodeV9T 3R4
  • Style
  • Taxes5807
  • Price$ 1,099,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size12,916 SqFt
Listing Provided Courtesy Of:
Royal LePage Coast Capital Realty
Property Description

Opportunity to obtain two side by side properties on separate titles with four suites and solid revenue - tenants are in place offering over 5% CAP rate at the current asking price. The location is positioned in the heart of Nanaimo opposite Beban Park Recreational Centre and Frank Crane Arena just off of the north end of Bowen Road close to all amenities, on a major bus route and walking distance to shopping, recreation and dining. Currently zoned R1, there is potential to rezone the property as per the OCP (Official Community Plan) designation of Corridor offering a multitude of options including but not limited to a condo development site, town homes, care facility, commercial, etc. Refer to City of Nanaimo Corridor 1, 2 or 3 zoning for clarification of OCP future use.

Price History
11/13/2020 Listed $1,099,800

General Features

Business Type Accommodation
Construction Materials Frame Wood, Wood, See Remarks
Garage no
Inclusions Fixtures, Parking, Real Estate
Listing Type Investment
Parking yes
Terms SALE
Wheel Chair Access no
Zoning R1

Interior Features

Fireplace no
Heating Baseboard, Electric

Exterior Features

Exterior Features Balcony/Deck, Balcony/Patio, Fencing: Partial, Garden, Low Maintenance Yard, Sign: Allowed, See Remarks
Lot Features Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, Marina Nearby, Near Golf Course, Private, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Lot Frontage 12916
Lot Size 12916
Pool Y/N no

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V9T 3R4

Price
AVG $670K
$1.1M
Taxes
AVG $4,008
$5,807
Visits
AVG 17
10
Walkscore
AVG 36
36
Data Provided by Walkscore ® not using MLS data

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