Fantastic opportunity in the University District! This charming 3-bed, 2.5-bath home sits on a spacious corner lot w/ alley access. Current zoning allows a 2nd single-family home or a shop w/a carriage home to be built. Future density allowances for multi-suites will be in effect end of June 2024 making this property a gold opportunity for savvy investors. Walking distance to all levels of schools, including VIU, & just minutes away from Downtown & Nanaimo Harbour. The well-maintained interior boasts numerous updates over the years, including a new roof, windows, flooring, bathrooms, kitchen, electrical, & plumbing. Enjoy a bright & modern kitchen, a dining area w/an adjoining laundry room. Additional storage is available in the crawlspace. Ample parking for multiple vehicles. Fully fenced front yard is perfect for pets. Low-maintenance landscaping includes lawn, a few trees & shrubs, & cedar hedging. An affordable opportunity to own a piece of this community w/ growing potential (id:2493)
Property Type:
Single Family
Size Interior:
2,560 sq. ft.237.832 m2
Total Finished Area:
1,056 sq. ft.98.106 m2
Transaction Type:
For sale
Zoning:
R1
Ownership Type:
Freehold
Community:
University District
Features:
Central location, Level lot, Southern exposure, Corner Site, See remarks, Other, Rectangular, Marine Oriented
Data was last updated May 1, 2024 at 09:45 AM (UTC)
Area Statistics
Listings on market:
106
Avg list price:
$1,319,450
Min list price:
$275,000
Max list price:
$1,699,000
Avg days on market:
37
Min days on market:
2
Max days on market:
180
Avg price per sq.ft.:
$550.3
These statistics are generated based on the current listing's property type
and located in
University District. Average values are
derived using median calculations.
