Incredible Investment Opportunity to purchase two legal lots in the coveted University District of Nanaimo. Perfect situation for a multi generational family or someone who wants to generate income immediately while building next door. With the zoning and flexible development options with the City of Nanaimo these properties are only limited by your imagination. Live in the existing mid century modern home featuring 4 bedrooms, 2 bathrooms, and a main level entry with a walk-out basement that offers suite potential while you build your dream home on the lot next door. Once your cosmetic updates are completed the existing home becomes the perfect family home as it has been since it was first built or a great rental income property. Located just five minutes from downtown, and a short stroll to recreation, shopping, transit and all levels of schools including VIU. Buyer to verify zoning and development potential. Measurements approximate, please verify if important. (id:32872)
MLS® Number | 977788 |
Property Type | Single Family |
Neigbourhood | University District |
Features | Central Location, Other |
ParkingSpaceTotal | 4 |
Plan | Vip12798 |
Structure | Shed |
BathroomTotal | 2 |
BedroomsTotal | 3 |
Appliances | Refrigerator, Stove, Washer, Dryer |
ConstructedDate | 1961 |
CoolingType | None |
FireplacePresent | Yes |
FireplaceTotal | 2 |
HeatingFuel | Oil |
HeatingType | Forced Air |
SizeInterior | 2382 Sqft |
TotalFinishedArea | 1427 Sqft |
Type | House |
AccessType | Road Access |
Acreage | No |
SizeIrregular | 15120 |
SizeTotal | 15120 Sqft |
SizeTotalText | 15120 Sqft |
ZoningDescription | R1 |
ZoningType | Residential |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Lower Level | Den | 11'11 x 11'1 | ||
Lower Level | Bathroom | 2-Piece | ||
Lower Level | Laundry Room | 13 ft | 13 ft x Measurements not available | |
Lower Level | Storage | 26 ft | 26 ft x Measurements not available | |
Lower Level | Workshop | 23 ft | 14 ft | 23 ft x 14 ft |
Main Level | Entrance | 12'3 x 4'1 | ||
Main Level | Living Room | 18'6 x 13'10 | ||
Main Level | Dining Room | 9'9 x 8'11 | ||
Main Level | Kitchen | 13'4 x 9'9 | ||
Main Level | Bathroom | 4-Piece | ||
Main Level | Primary Bedroom | 13'11 x 10'11 | ||
Main Level | Bedroom | 12'2 x 9'6 | ||
Main Level | Bedroom | 11'1 x 10'10 |
https://www.realtor.ca/real-estate/27541743/426436-wharton-st-nanaimo-university-district
Contact us for more information
Neil Aldridge
Dan Morris
Personal Real Estate Corporation