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Additional details

Nader Bakhoum,PMP, P.Eng.

info@home-nader.com +1(604) 612-7228

$ 599,900

Est. payment | -/mo

4 Beds

2 Baths

1,957 SqFt

Save

$ 599,900

Est. payment | -/mo

Save

4 Beds

2 Baths

1,957 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1957

Square Footage 1,957 sqft

Price per Sqft $306

Subdivision Central Nanaimo

MLS® Listing ID 1049126

Bedrooms 4

Year Built 1959

Lot Size 7,800 Sqft

Acres 7800.0

Property Sub-Type Freehold

Property Description

INVESTMENT OPPORTUNITY WITH VALUE-ADD POTENTIAL! Centrally located in Nanaimo, this spacious 2,345 sq ft home on a private .18-acre lot presents an exciting opportunity for investors, renovators or buyers looking to create additional value. With generous living space, a partially finished lower level with separate entrance and potential for a secondary suite, the property offers plenty of possibilities for today and the future. Natural light fills the main level through large picture windows, highlighting hardwood floors in the inviting living room with tile-surround fireplace. The adjoining dining room flows into the kitchen with abundant cabinetry, tile flooring, backyard views, and direct access to the rear deck. A spacious primary bedroom, two additional bedrooms and a family bath complete the main floor. The lower level significantly expands the home's potential, offering a separate entrance, mudroom, laundry area, recreation room, studio/hobby space, additional bedroom and 3-piece bath. With no kitchen currently installed, there is an opportunity to explore creating a secondary suite, additional living space, home-based workspace or other improvements to suit your plans. Outside, mature trees and established landscaping provide privacy and a pleasant backyard setting with room to enjoy outdoor living. The central location adds further investment appeal, just minutes from Nanaimo Regional General Hospital, shopping, schools, parks, transit, Departure Bay Ferry and Nanaimo's waterfront. For those looking to maximize the opportunity, the adjoining R5 development lot is also available under MLS® 1049129, opening the door to an even broader investment, redevelopment or future development strategy. Purchase the home on its own or explore the potential of acquiring both properties together. Measurements are approximate and should be verified if important. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Lower level 13'3 x 11'4 Other

Extra Room 2 Lower level 13'6 x 12'9 Studio

Extra Room 3 Lower level 3-Piece Bathroom

Extra Room 4 Lower level 25'8 x 12'5 Bedroom

Extra Room 5 Lower level Measurements not available x 13 ft Recreation room

Extra Room 6 Main level 5-Piece Bathroom

Interior

Heating Forced air,

Cooling None

Fireplaces Number 1

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Others

Ownership Freehold

Listed by REMAX Professionals (NA)

1746 Meredith Rd Nanaimo, BC V9S2M4