House for sale

1416 White St, Nanaimo

$599,000 or
$599,000 or

House for sale

1416 White St, Nanaimo

Features

Lifestyle
4 bedrooms
2 bathrooms
958079 599000 /en/house~for-sale~nanaimo/958079?view=Summary /en/house~for-sale~nanaimo/958079/photos 49.1786600000 -123.9693600000 true
Style
Main Level Entry With Lower Level(s)
Year Built
1961
Floor Area
2,006 sqft
Lot Size
7,524 sqft
Gross Property Tax
$3,747 /year
Zoning
RS1
Amenities
Fencing: Full, Insulated Windows
Additional Features
Adult-Oriented Neighbourhood, Central Location, Cul-de-sac, Easy Access, Near Golf Course, No Through Road, Private, Quiet Area, Shopping Nearby, Southern Exposure, Wooded Lot
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Description

**Investment Alert:** This main-level entry home with a basement is being sold "AS IS WHERE IS" and presents an ideal opportunity for investment or as a holding property. Centrally located in Nanaimo, it offers convenient access to shopping, restaurants, groceries, and parks. While the property requires significant repairs and updates, its potential is vast and customizable to your preferences. Positioned near Nanaimo's corridor project on Bowen Rd., it stands as a promising investment option, whether intended as a primary family residence or rental property. Presently, the property is tenanted on a month-to-month basis by students, generating a total income of $1500 per month. While only two rooms are currently rented, additional rooms are available for rent; however, the seller has chosen to leave them vacant to facilitate the sale process.
MLS® Number 958079

Listing REALTOR®

Trung Le, REALTOR<sup>®</sup>

Trung Le

REALTOR®

eXp Realty

Location

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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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