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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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| Bedrooms: | 3 |
| Bathroom: | 1 |
| Listing Type: | House/Single Family |
| Sqft | 645 |
| Lot Size | 3,745 |
| Built: | 1913 |
| Price: | $1,399,000 |
| Listed By: | Coldwell Banker Universe Realty |
| MLS: | R3106885 |
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Description
Incredible investment opportunity just two blocks from Nanaimo SkyTrain Station. Located in a fast-growing, transit-oriented area, this property offers strong holding and redevelopment potential. Zoned R1-1, it can allow for up to 4 dwelling units and is designated in the Vancouver Official Development Plan for future mid- to high-rise development. Recent updates include roof, washer, dryer, stove, microwave, and bathtub in 2021, plus a new hot water tank in 2025. Previously rented for $2,800/month (until March 2026), it offers solid income while you plan your next move. Ideal for investors, builders, or long-term holders seeking upside. Book your showings today!
Taxes (2025): $7,364.00
Amenities
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In Unit
Features
Washer
Dryer
Dryer
Dishwasher
Refrigerator
Stove
Freezer
