House for sale
1250 Townsite Rd, Nanaimo
$679,000
Features
Style
Main Level Entry With Lower Level(s)
Year Built
1948
Floor Area
2,101 sqft
Lot Size
8,050 sqft
Gross Property Tax
$3,993.65 /year
Zoning
R1
Amenities
Fencing: Full, Garden, Workshop, Insulated Windows
Additional Features
Central Location, Easy Access, Level, Shopping Nearby
Description
This Central Nanaimo property offers a rare opportunity for investors or first-time buyers, featuring a home and detached shop situated on two legal lots — both zoned R5, allowing for medium-density residential development. Located near the hospital and Bowen Road’s commercial corridor, it’s ideally positioned for convenience and future growth. It’s equipped with a 200-amp electrical service and an 80-amp subpanel in the shop. The main level includes a kitchen, living room, sunroom, four-piece bathroom, master bedroom, and a second bedroom (no closet). The underheight lower level offers a third bedroom, spacious family room (could be a fourth bedroom), three-piece bathroom and laundry area. Outdoor features include a large covered deck (20x10) perfect for entertaining, a fully fenced yard, patio, and a 25x20 garage/shop accessible from Boundary Crescent or the alley. Whether you choose to live in the home or rent it out, this property offers flexibility while you explore development possibilities.
MLS® Number 1017392