For Sale: 1400 Townsite Road, Nanaimo, BC - REW
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$750,000
6 bd • 2 ba • 2275 sf • House
1400 Townsite Road
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$750,000
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1400 Townsite RdNanaimo, BC, V9S 1N1

Central Nanaimo
  • 6 Bed
  • 2 Bath
  • 2275 Sqft
  • House

About this home

See the mountains from your living room. This recently updated 6-bedroom home is located in central Nanaimo and offers an excellent opportunity for both homeowners and investors. Situated on a quarter-acre double lot with lane access, this is a rare find in Nanaimo. Neighbouring lots have already been subdivided, and the property presents strong redevelopment potential for multiplex or multifamily use. The home was renovated in 2018, including all new appliances. Recent updates include interior paint, a new roof, a new hot water tank, and more. Ideally located just minutes from Nanaimo Regional General Hospital and Vancouver Island University, the property is well positioned to attract both professionals and students. It is also conveniently located near both ferry terminals, with easy access to parks, shops, and other amenities. The property can be rented immediately for an impressive 5% cap rate. Plumbing is already in place downstairs, allowing for the addition of a secondary suite. (id:63626)
Listed by: Chris Sutton PREC*, Sutton Group-West Coast Realty

Home facts and features

Price details
List Price
$750,000
Get Pre-Approved
Gross Taxes for 2026
$4,153
Home facts
Bedrooms
6
Full Bathrooms
2
Parking Spaces
4
Property Type
House
Lot Size
10312 ft²
Depth
Year Built
Built in 1967 (59 yrs old)
Title
Freehold
Heating Type
Baseboard heaters
Features
Central location, Southern exposure
Appliances
Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
Sutton Group-West Coast Realty
Listing details
Days on REW
109 Days
Property Views
451
MLS® Number
1026033
Source
Canadian Real Estate Association
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Forest Park Elementary School
  • Public
  • K - 7
  • In Catchment
Nanaimo District Secondary School
  • Public
  • 8 - 12
  • In Catchment
Quarterway School
  • Public
  • Pre-K - 7
Discover Montessori School
  • Independent
  • K
Nanaimo Christian School
  • Independent
  • K - 12
Pauline Haarer Elementary School
  • Public
  • K - 7
The High School at VIU
  • Independent
  • 10 - 12
John Barsby Community School
  • Public
  • 8 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Chris Sutton PREC*
Phone:
(778) 223-2327
Office:
604-714-1700
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.