$535,000
$524,900
1.9%For more information regarding the value of a property, please contact us for a free consultation.
2223 Rosstown Rd Nanaimo, BC V9T 3R4
5 Beds
2 Baths
2,132 SqFt
Key Details
Sold Price $535,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,132 sqft
Price per Sqft $250
MLS Listing ID 860258
Sold Date 01/28/21
Style Ground Level Entry With Main Up
Bedrooms 5
Rental Info Unrestricted
Year Built 1980
Annual Tax Amount $3,108
Tax Year 2020
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Single Family Detached
Property Description
INVESTOR ALERT - fully tenanted, solid home in a great location near recreation, shopping, public transportation and schools. This home offers a 2 bedroom suite up and a 3 bedroom suite down located in the centre of the city with great revenue, over a 5% CAP rate and future potential for a multi-family development as per the Official Community Plan corridor zone. The location of this home is positioned within a 5 minute walk to shopping, dining, elementary school, public transportation, Beban Park Recreational Facility & sports fields. Plans are underway to remove the access off Bowen Road to Rosstown, park trail behind the rear fence and new subdivision with $650k+ homes. This property has been well maintained with no deferred maintenance and excellent tenants who wish to stay. The neighbouring home with suite is also available. Future redevelopment potential with Corridor zoning in the OCP.
Location
Province BC
County Nanaimo, City Of
Area Na Diver Lake
Zoning R1
Direction Northwest
Rooms
Basement Finished, Full, Walk-Out Access, With Windows
Main Level Bedrooms 2
Kitchen 2
Interior
Interior Features Dining Room, Eating Area, Storage
Heating Baseboard, Electric
Cooling None
Flooring Mixed
Fireplaces Number 2
Fireplaces Type Electric
Fireplace 1
Window Features Insulated Windows,Vinyl Frames,Window Coverings
Appliance Built-in Range, Dishwasher, Dryer, F/S/W/D, Microwave, Oven/Range Electric, Washer
Laundry Common Area
Exterior
Exterior Feature Balcony/Deck, Balcony/Patio, Fenced, Fencing: Partial, Garden, Lighting, Low Maintenance Yard
Parking Features Additional, Driveway, Open, RV Access/Parking
Utilities Available Cable To Lot, Compost, Electricity To Lot, Garbage, Phone To Lot, Recycling, See Remarks
View Y/N 1
View Mountain(s)
Roof Type Asphalt Shingle
Handicap Access Ground Level Main Floor, Primary Bedroom on Main
Total Parking Spaces 4
Building
Lot Description Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Private, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, See Remarks
Building Description Frame Wood,Insulation: Ceiling,Insulation: Walls,Wood, Ground Level Entry With Main Up
Faces Northwest
Foundation Slab
Sewer Sewer Connected
Water Municipal
Additional Building Exists
Structure Type Frame Wood,Insulation: Ceiling,Insulation: Walls,Wood
Others
Tax ID 000-224-031
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs, Yes
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Bought with Pemberton Holmes Ltd. (Pkvl)