395 Chesterlea Ave new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R 4B2
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,918 sqft
Price per Sqft $468
MLS Listing ID 1013684
Style Split Entry
Bedrooms 3
Year Built 1970
Annual Tax Amount $4,189
Tax Year 2024
Lot Size 6,098 Sqft
Property Sub-Type Single Family Detached
Property Description
This exceptional opportunity features a main house with two self-contained 2-bedroom suites; one on the main level and one on the lower level. Both are rented to excellent tenants and generating steady income. At the rear, the laneway house is already built with a living room, dining area, TV space, full kitchen, and bathroom on the main floor. The upper floor is fully approved for a custom-designed 3-bedroom suite. All permits and plans are in place, ready for you to complete to your taste. Projected rental income for the laneway is $2,700–$3,100 per month, in addition to the solid rental income from the two suites in the main home.
?? The laneway home is available for viewing now, while the tenanted suites in the main house can be shown with serious inquiries only.
An absolute gem for investors seeking cash flow, growth potential, and flexibility in a prime location! All data and measurements are approximate and must be verified if fundamental.
Location
Province BC
County Nanaimo, City Of
Area Na University District
Zoning R1
Rooms
Kitchen 2
Interior
Heating Forced Air,Oil
Cooling None
Flooring Mixed
Fireplaces Number 2
Fireplaces Type Family Room,Living Room,Wood Burning
Laundry In House
Exterior
Exterior Feature Balcony/Patio,Garden
Parking Features Detached,Driveway,Garage Double,On Street
Garage Spaces 2.0
Roof Type Asphalt Shingle
Building
Lot Description Central Location,Landscaped,Recreation Nearby,Shopping Nearby
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Brick,Frame Wood,Stucco,Wood
Others
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs