




This 7-bedroom, 4-bathroom single family in Nanaimo offers 3,425 sqft of living area on a 8,260 sqft lot. Built in 1967. The property has lot dimensions of 8260, zoned Residential. The home features baseboard heaters, electric heating, a fireplace. Highlights include a 6-car garage.
Discover Exceptional Value: A Spacious 7-Bedroom Family Haven with Dual Income Suites! ? This impressive 3,455 sq.ft. residence, nestled on a generous 8,260 sq.ft. rectangular lot, offers an unparalleled opportunity for large or multi-generational families seeking both abundant living space and significant income potential. Thoughtfully designed across two levels, the home features a total of 7 bedrooms and 4 bathrooms, enhanced by two fully self-contained income suites that serve as excellent mortgage helpers. The main living area, spanning 1,932 sq.ft., boasts 4 bedrooms, 2 bathrooms, a bright and inviting living and dining space, a well-appointed kitchen, a comfortable family room, and a large recreation room—perfect for creating lasting memories and hosting gatherings. Below, discover the lucrative potential with a separate 2-bedroom, 1-bathroom suite alongside a 686 sq.ft. bachelor suite, both currently occupied by reliable tenants. Shared laundry facilities and ample common storage add practicality for all occupants. Step outside to a tranquil private yard, complete with a covered deck and patio, all enclosed by mature trees for ultimate relaxation and enjoyment. Recent upgrades, including an updated roof, new windows, and skylights, ensure a bright, light-filled interior throughout the year. Its prime location offers ultimate convenience, with the ferry terminal, shopping, parks, hospital, public transit, and schools all within easy reach. Presenting a rare chance to acquire a high cash-flow property with multiple income streams. Don't miss this unique opportunity – contact your Realtor today to schedule a private viewing! (id:60351)
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Listed by Ram Raman, Pemberton Holmes Ltd. - Oak Bay
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Listing represented by Ram Raman, Pemberton Holmes Ltd. - Oak Bay · MLS# 1027864
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.