28,409

MLS® Number 458864

Duplex For sale

$399,900 or

1191 Bush Street, Nanaimo

Features

8 rooms 4 bedrooms 2+0 bathrooms/half baths
458864 399900 /en/duplex~for-sale~nanaimo/458864?view=Summary /en/duplex~for-sale~nanaimo/458864/photos 49.1791201799 -123.9681994644 true
Style Up & Down (Duplex)
Floor Area 1,680 sqft
Lot Size 7,251 sqft
Parking Spaces 2
Features Central Location, Easy Access, Golf Course Nearby, Hillside, Private Setting, View - Mountain, Southern Exp, Park Setting, View - River, Shopping Nearby, Treed Lot, Curb & Gutter, Wooded Area, Sidewalk, Recreation Nearby, Waterfront River/Crk, Hydro To Lot, Road - Paved, Phone To Lot, Mobiles Allowed, Pets Allowed, Can Be Rented
Amenities Additional Accom., Garden Area, Thermal Windows, Wkshop In House, Hot Tub

Description

INVESTMENT PROPERTY with tremendous opportunity to increase value. This riverfront legal up and down duplex sits perched above the Millstone river on a peaceful and tranquil lot in Central Nanaimo. Identical two bedroom floorplans look onto the scenic river-scape and offer great revenue potential in today's tight rental market. Being close to shopping, bus routes, schools, parks and Nanaimo hospital make this a very walkable location! A large common room on the bottom most level contains both a spacious laundry area as well as a large workshop space with high ceilings. More recent updates include a new roof and vinyl windows. With the heavy lifting out of the way, you can focus on some interior updates and landscaping to give yourself the chance to easily build some sweat equity!
Tom Stromar

Tom Stromar

Royal LePage Nanaimo Realty (NanIsHwyN)

Contact me
Janice Stromar

Janice Stromar

Royal LePage Nanaimo Realty (NanIsHwyN)

Contact me

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399,900
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Estimated property transfer tax

1% of $200,000
2% of remaining value up to and including $2,000,000
3% of remaining portion over $2,000,000
Total Tax Payable

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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