1575 Townsite Rd
Nanaimo
V9S 1M9
$749,000
Residential
beds: 5
baths: 3.0
2,107 sq. ft.
built: 1968
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1014831
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 1968
- Photos (14)
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Investment Opportunity in Central Nanaimo
Discover this versatile legal duplex with a bonus unauthorized suite, ideally situated in a sought-after rental hub near Vancouver Island University, Nanaimo Regional General Hospital, public transit, and major shopping centers.
This income-generating property offers three separate suites:
Two 2-bedroom, 1-bath units
One 1-bedroom, 1-bath suite
Enjoy stunning views of Mt. Benson, two separate hydro meters, a covered carport with parking for two vehicles, and a spacious 11,000 sq.ft. lot. Whether you're looking to live in one unit while renting out the others, or fully lease all three, this property is well-positioned to capitalize on Nanaimo’s low vacancy rates and strong rental demand.
Currently tenanted, it's a turnkey opportunity to start or expand your real estate portfolio.
- Property Type:
- Residential
- Type:
- Full Duplex
- Year built:
- 1968 (Age: 57)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,107 sq. ft.
- Listing General Location:
- Na Central Nanaimo, Nanaimo
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 11,953 sq. ft.
- Kitchens:
- 2
- Taxes:
- Signup
- Construction:
- Frame Wood
- New Construction:
- No
- Basement:
- Finished
- Foundation:
- Concrete Perimeter
- Roof:
- Membrane
- Ceiling Heights:
- Signup
- Total Building Area:
- 2,107 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 1
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 407 sq. ft.
- Living Area Main Floor:
- 850 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 850 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Electric
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 2
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- North
- Layout:
- Duplex Up/Down
- Attached Garage:
- No
- Carport Spaces:
- 2
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Carport Double, Driveway
- Total Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- Sep 25, 2025
- Original Price:
- 749000.0
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Listed by REMAX Professionals
Data was last updated September 26, 2025 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 82
- Avg list price:
- $549,900
- Min list price:
- $224,999
- Max list price:
- $2,499,900
- Avg days on market:
- 40
- Min days on market:
- 1
- Max days on market:
- 462
- Avg price per sq.ft.:
- $381.76
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- 460 Realty
- 250-591-4601
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