Incredible Investment Opportunity to purchase two legal lots in the coveted University District of Nanaimo. Perfect situation for a multi generational family or someone who wants to generate income immediately while building next door. With the zoning and flexible development options with the City of Nanaimo these properties are only limited by your imagination. Live in the existing mid century modern home featuring 4 bedrooms, 2 bathrooms, and a main level entry with a walk-out basement that offers suite potential while you build your dream home on the lot next door. Once your cosmetic updates are completed the existing home becomes the perfect family home as it has been since it was first built or a great rental income property. Located just five minutes from downtown, and a short stroll to recreation, shopping, transit and all levels of schools including VIU. Buyer to verify zoning and development potential. Measurements approximate, please verify if important. (id:4069)
Address
426/436 Wharton St
List Price
$849,900
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
Nanaimo
Bedrooms
3
Bathrooms
2
Floor Area
2,382 Sq. Ft.
Lot Size
15120 Sq. Ft.
Year Built
1961
MLS® Number
977788
Listing Brokerage
Royal LePage Nanaimo Realty (NanIsHwyN)
Postal Code
V9R1W4
Zoning
R1
Features
Central location, Other
With 15 years of real estate experience, Chris Crump, PREC, is a consistent high performer known for unwavering ethics and exceeding expectations. As a trusted advisor, Chris delivers unparalleled customer service. Chris enjoys skiing, biking, and fishing, reflecting a well-rounded lifestyle resonating with clients. With a commitment to guiding clients toward their real estate goals, Chris stands as a beacon of reliability, setting the standard for exceptional service.