Free account required
Unlock the full potential of your property search with a free account! Here's what you'll gain immediate access to:
- Exclusive Access to Every Listing
- Personalized Search Experience
- Favorite Properties at Your Fingertips
- Stay Ahead with Email Alerts
$719,000
546 Wakesiah Ave
Nanaimo, British Columbia, British Columbia, V9R3L1
MLS® Number: 1010599
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.
Building information
Type
*****
Constructed Date
*****
Cooling Type
*****
Heating Type
*****
Size Interior
*****
Total Finished Area
*****
Land information
Size Irregular
*****
Size Total
*****
Rooms
Main level
Living room
*****
Kitchen
*****
Dining room
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bathroom
*****
Ensuite
*****
Lower level
Kitchen
*****
Living room
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bathroom
*****
Courtesy of Pemberton Holmes Ltd. (Pkvl)
Book a Showing for this property
Please note that filling out this form you'll be registered and your phone number without the +1 part will be used as a password.
Similar properties
This REALTOR.ca listing content is owned and licensed by
REALTOR® members of
The Canadian Real Estate Association.