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Home BC Greater Nanaimo Nanaimo Harewood
395 Chesterlea Ave
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395 Chesterlea Ave $899,000
4 days ago
$899,000
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395 Chesterlea Ave
Nanaimo, British Columbia V9R4B2

MLS® Number: 1013684
3
Bedrooms
2
Bathrooms
1918
Square Feet

Listing Description

This exceptional opportunity features a main house with two self-contained 2-bedroom suites; one on the main level and one on the lower level. Both are rented to excellent tenants and generating steady income. At the rear, the laneway house is already built with a living room, dining area, TV space, full kitchen, and bathroom on the main floor. The upper floor is fully approved for a custom-designed 3-bedroom suite. All permits and plans are in place, ready for you to complete to your taste. Projected rental income for the laneway is $2,700–$3,100 per month, in addition to the solid rental income from the two suites in the main home. ?? The laneway home is available for viewing now, while the tenanted suites in the main house can be shown with serious inquiries only. An absolute gem for investors seeking cash flow, growth potential, and flexibility in a prime location! (29873726)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
1918 sqft
Neighbourhood Name
University District
Title
Freehold
Land Size
6000 sqft
Built in
1970
Annual Property Taxes
$4,189.29
Total Parking Spaces
4
Time on REALTOR.ca
4 days

Price and Sale History

Date Status Price
Dec 22, 2022 Sale Closed $590,000

Building

Bathrooms
Total
2
Interior Features
Appliances Included
Refrigerator, Stove, Washer, Dryer
Building Features
Features
Central location, Other
Heating & Cooling
Cooling
None
Fireplace
2
Heating Type
Forced air, (Oil)
Parking
Total Parking Spaces
4

Measurements

Square Footage
1918 sqft
Total Finished Area
1918 sqft

Rooms

MetricImperial
Main level
Bathroom
Bedroom
Primary Bedroom
Kitchen
Living room
Lower level
Kitchen
Bathroom
Laundry room
Bedroom
Family room
Other
Wine Cellar

Land

Other Property Information
Zoning Description
R1
Zoning Type
Residential

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