395 Chesterlea Ave new

Nanaimo,BC V9R4B2

$ 899000

3 Beds

2 Baths

1918 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,918 sqft

Price per Sqft $468

Subdivision University District

MLS Listing ID 1013684

Bedrooms 3

Year Built 1970

Lot Size 6,000 Sqft

Acres 6000.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

This exceptional opportunity features a main house with two self-contained 2-bedroom suites; one on the main level and one on the lower level. Both are rented to excellent tenants and generating steady income. At the rear, the laneway house is already built with a living room, dining area, TV space, full kitchen, and bathroom on the main floor. The upper floor is fully approved for a custom-designed 3-bedroom suite. All permits and plans are in place, ready for you to complete to your taste. Projected rental income for the laneway is $2,700–$3,100 per month, in addition to the solid rental income from the two suites in the main home. ?? The laneway home is available for viewing now, while the tenanted suites in the main house can be shown with serious inquiries only. An absolute gem for investors seeking cash flow, growth potential, and flexibility in a prime location! (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 2.0

Extra Room 1 Lower level 12'9 x 12'6 Kitchen

Extra Room 2 Lower level 2-Piece Bathroom

Extra Room 3 Lower level 11'5 x 10'10 Laundry room

Extra Room 4 Lower level 11'0 x 13'2 Bedroom

Extra Room 5 Lower level 14'5 x 13'2 Family room

Extra Room 6 Main level 5-Piece Bathroom

Interior

Heating Forced air,

Cooling None

Fireplaces Number 2

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Others

Ownership Freehold

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