House for sale
585 Marisa St, Nanaimo
$859,999
Features
Style
Main Level Entry With Lower/Upper Lvl(s)
Year Built
2016
Floor Area
2,556 sqft
Lot Size
5,734 sqft
Gross Property Tax
$5,209 /year
Amenities
Balcony/Patio, Fencing: Partial, Low Maintenance Yard, Vinyl Frames, Dishwasher, F/S/W/D, Transit Nearby
Additional Features
Central Location, Family-Oriented Neighbourhood, Recreation Nearby
Description
Investor-Ready with Vacant Suite – Move-In or Rent Out Immediately
This well-maintained home in South Nanaimo offers an excellent investment opportunity with income in place and added flexibility. Built in 2016, the property features 5 bedrooms and 3 bathrooms divided between two fully self-contained suites, each with separate hydro meters, laundry, and hot water tanks. The upper-level main home is currently tenanted and features 3 bedrooms and 2 bathrooms, including a spacious primary bedroom with walk-in closet and double walk-in shower. The open-concept kitchen, dining, and living space includes a corner gas fireplace, pantry, built-in desk, and access to a covered sundeck.
The legal 2-bedroom suite (Suite B) on the lower level is vacant and move-in ready, making it ideal for a new tenant or multi-generational living. With durable laminate flooring, private entrance, and in-suite laundry, it’s well-suited for renters or extended family.
Additional features include a double garage with interior access, low-maintenance landscaping, and a central location close to Vancouver Island University, schools, shopping, parks, and transit. Whether you’re looking to expand your rental portfolio or live in one unit while renting the other, this property delivers flexibility, strong income potential, and future growth opportunity.
All measurements are approximate and should be verified if important.
MLS® Number 1001600