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!
Address
395 Chesterlea Ave
List Price
$899,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na University District
Bedrooms
3
Bathrooms
2
Floor Area
1,918 Sq. Ft.
Lot Size
6000 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1970
MLS® Number
1013684
Listing Brokerage
Sutton Group-West Coast Realty (Nan)
Basement Area
Finished, Full
Postal Code
V9R 4B2
Tax Amount
$4,189.29
Tax Year
2024
Features
F/S/W/D, Forced Air, Mixed, Oil, Wine Storage, Workshop
Amenities
Balcony/Patio, Central Location, Garden, Landscaped, Primary Bedroom on Main, Recreation Nearby, Shopping Nearby
