Homes for sale - 315 Fifth St, Nanaimo, BC V9R1N6

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Apr

Mon

Apr

Tue

Apr

Elizabeth McNally

elizabeth@realestatecollective.ca +1(403) 581-5100

$ 699,900

Est. payment | -/mo

5 Beds

2 Baths

1,958 SqFt

Save Virtual Tour

$ 699,900

Est. payment | -/mo

Save Virtual Tour

5 Beds

2 Baths

1,958 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,958 sqft

Price per Sqft $357

Subdivision South Nanaimo

MLS® Listing ID 994732

Bedrooms 5

Originating Board Vancouver Island Real Estate Board

Year Built 1943

Lot Size 5,632 Sqft

Acres 5632.0

Property Sub-Type Freehold

Property Description

Boasting an ideal location close to the University, this Fifth Street property comprises two residences situated on a 0.13-acre corner lot, offering the savvy investor an excellent investment opportunity with the potential for multiple income streams. Located just 1 km from the Vancouver Island University campus and an easy 5-minute stroll from the University Village Mall, this pedestrian-friendly area is an attractive and convenient choice for university students and renters alike. Meanwhile, with several neighbourhood parks in the immediate vicinity as well as both an elementary and a high school a 3-minute car ride away (or 14 minutes on foot), this would also be an ideal property for growing families, for multigenerational living, or for those looking for an income helper. Offering a combined 1,958 sqft of well-appointed living space, there is a total of five bedrooms (with the potential for a sixth) and two bathrooms. The authorized secondary suite, the larger of the two spaces, is vacant and offers a functional floor plan for renters or a family. There are three spacious bedrooms upstairs, one of which is large enough to be divided to create a fourth bedroom, and a 4-piece bathroom and laundry room on the main floor. The smaller suite facing Fifth Street is currently tenanted, but will be vacant at the end of June, and provides two further bedrooms, a 4-piece bathroom, and laundry facilities. The lot is low-maintenance and offers both units a dedicated outdoor sitting space, with the bonus of ample off-street parking. A great option for a growing or multigenerational family, a savvy investor, or a combination of both, this ideally located property is sure to tick all the boxes. Don't miss out on the opportunity to realize the exceptional investment potential this property offers. Data and measurements have been provided by ProPhotoVI, BC Assessment, and the Property Report and should be verified if important. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 2.0

Extra Room 1 Second level 12'1 x 11'6 Bedroom

Extra Room 2 Second level 12'4 x 8'4 Bedroom

Extra Room 3 Second level 10'9 x 23'3 Primary Bedroom

Extra Room 4 Main level 9'7 x 7'2 Laundry room

Extra Room 5 Main level 13 ft x Measurements not available Laundry room

Extra Room 6 Main level 8'6 x 7'5 Kitchen

Interior

Heating Baseboard heaters,

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Others

Ownership Freehold

Virtual Tour https://www.jahelkarealestategroup.com/showlisting/363696/315-Fifth-Street-South-Nanaimo-Nanaimo/

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

Want more details? Let's chat.

+1(403) 581-5100

elizabeth@realestatecollective.ca

www.elizabethmcnally.ca

620 2nd Street SE, Medicine Hat, AB

315 Fifth St Nanaimo, BC V9R1N6