INVESTOR ALERT! THREE UNITS on TWO LEGAL LOTS 120 Victoria Rd and 651 Prideaux Street. Great holding and redevelopment property in the heart of Nanaimo. Both lots total a little over 8900 sqft. Unit 1 Four bedroom 1 bathroom on 2 floors, laundry downstairs. Unit 2 one bedroom one bathroom at the back of the main house, laundry hookups in the bedroom closet, new renos including, vinyl windows, new flooring and paint. Heated with gas stove. Unit 3 is a Separate 1 bedroom 1 bath home, laundry in the kitchen on second legal lot with electric baseboard heat. Detached 16x20 garage makes this the ideal revenue property with future redevelopment potential. One of the largest monkey tree's in the City of Nanaimo makes this property unique. Each unit has its's own fenced yard area. On bus route, close to schools and downtown shopping. Entertainment of all kinds within walking distance. Fully fenced backyard, fruit trees. Zoned R15 with potential for ocean view units in future.
LOT 7, BLOCK 18, SECTION 1, NANAIMO DISTRICT, PLAN 584 EXCEPT THAT PART LYING TO THE NORTH OF A STRAIGHT BOUNDARY EXTENDING FROM THE SOUTH WEST CORNER OF SAID LOT TO A POINT ON THE EASTERLY BOUNDARY OF SAID LOT DISTANT 2 FEET FROM THE SOUTH EAST CORNER OF SAID LOT: THAT PART OF LOT 7, BLOCK 18, SECTION 1, NANAIMO DISTRICT, PLAN 584 LYING
TO THE NORTH OF A STRAIGHT BOUNDARY EXTENDING FROM THE SOUTH WEST CORNER
OF SAID LOT TO A POINT ON THE EASTERLY BOUNDARY OF SAID LOT DISTANT
2 FEET FROM THE SOUTH EAST CORNER OF SAID LOT EXCEPT PARCEL A (DD 31214-N) : PARCEL A (DD 31214N) OF LOT 7, BLOCK 18, SECTION 1, NANAIMO DISTRICT, PLAN 584
Listed by Ken Welte
of Sutton Group-West Coast Realty (Nan)
Data was last updated May 23, 2022 at 07:30 AM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$674,500
Min list price:
$279,900
Max list price:
$2,680,000
Avg days on market:
28
Min days on market:
2
Max days on market:
628
Avg price per sq.ft.:
$462.94
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.