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Listed price in listed location currency (CAD).
$669,000

522

MLS® 1051042

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2093 sqft
Garage 
Taxes $4,753
Days Active 1
Lot Size 0.2 Acres
Approx. Age 1955
Avg. Price Per Sqft $319
MLS® Number 1051042

Property Address: 619 Pine St, Nanaimo, BC, V9R2C7

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity in Nanaimo’s historic Chinatown neighbourhood offering strong current rental income and long-term redevelopment potential. The property generates $3, 600/month ($43, 200/year) with month-to-month tenants who wish to remain. The generous 9, 300 sq. ft. lot and R8 zoning provide substantial future potential, while the character home offers immediate rental appeal. Features include original hardwood floors, coved ceilings, abundant natural light, a bright kitchen with southern Mt. Benson views, spacious living areas, an oversized primary bedroom, and a well-finished 3-bedroom lower suite. Enjoy a private south-facing deck and fenced backyard, plus recent updates including a newer roof, windows, and furnace. Conveniently located near shopping, schools, and transportation. Strong income today. Significant land and redevelopment potential for tomorrow. Measurements approximate; buyer to verify.
MLS® Number1051042
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1955
BasementFinished, Full, Walk-Out Access, With Windows
DrivewayDriveway, On Street, Open
Garage Spaces
HeatElectric, Forced Air, Natural Gas
A/CNone

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $623,000 and $692,000.
Similar properties in this area sold on average for: $623,900
Expected to sell in 41 days. Similar properties sold in 42 days. This home has been on Zoocasa for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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