For Sale: 1601 Townsite Road, Nanaimo, BC - REW
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$640,000
6 bd • 2 ba • 1963 sf • House
1601 Townsite Road
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$640,000
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1601 Townsite RoadNanaimo, BC, V9S 1M9

Central Nanaimo
  • 6 Bed
  • 2 Bath
  • 1963 Sqft
  • House

About this home

Excellent investment opportunity in a prime central Nanaimo location just two blocks from the hospital, making it an ideal rental property for healthcare professionals and other nearby employees. Two self contained suites, each featuring 3 bedrooms and 1 bathroom, providing strong rental appeal and excellent income potential. Both units are occupied by reliable long term tenants, making this a true turnkey investment. With separate hydro meters, utility management is simple and efficient. Enjoy beautiful views of Mt. Benson from this desirable property, conveniently located close to shopping, schools, transit and other amenities. Whether you're looking to expand your investment portfolio or live in one suite while generating income from the other, this property offers outstanding flexibility and value. OCP designated "Neighbourhood" zoning with future multifamily development potential.
Listed by: Jason Ridout, Pemberton Holmes Ltd. (Pkvl)

Home facts and features

Price details
List Price
$640,000
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Gross Taxes for 2025
$3,206
Home facts
Bedrooms
6
Full Bathrooms
2
Parking Details
On Street
Property Type
House
Lot Size
10509 ft²
Year Built
Built in 1948 (78 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Aluminum Siding,Insulation: Ceiling,Insulation: Walls,Vinyl Siding
Heating Type
Baseboard, Electric
Basement Details
Finished,Full
Features
Central Location
Community
Agent details
Primary Agent
Primary Broker
Pemberton Holmes Ltd. (Pkvl)
Listing details
Days on REW
13 Days
Property Views
152
MLS® Number
1041657
Source
Victoria and Vancouver Island MLS
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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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
Jason Ridout
Phone:
(604) 916-5681
Cell:
604-916-5681
Office:
250-248-8801
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