Investment Opportunity in Central Nanaimo Discover this versatile legal duplex with a bonus unauthorized suite, ideally situated in a sought-after rental hub near Vancouver Island University, Nanaimo Regional General Hospital, public transit, and major shopping centers. This income-generating property offers three separate suites: Two 2-bedroom, 1-bath units One 1-bedroom, 1-bath suite Enjoy stunning views of Mt. Benson, two separate hydro meters, a covered carport with parking for two vehicles, and a spacious 11,000 sq.ft. lot. Whether you're looking to live in one unit while renting out the others, or fully lease all three, this property is well-positioned to capitalize on Nanaimo’s low vacancy rates and strong rental demand. Currently tenanted, it's a turnkey opportunity to start or expand your real estate portfolio.
For sale
C$749,000
1575 Townsite Rd, Nanaimo, BC V9S 1M9
5beds
3baths
2,107sqft
Duplex, Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
C$355/sqft
C$-- HOA
What's special
Covered carport
- 130 days |
- 92 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: September 29, 2025 at 01:24pm
Listed by:
Larry Mcnabb,
REMAX Professionals (NA)
Source: VIVA,MLS®#: 1014831
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Kitchen
- Level: Main,Second
Heating
- Electric
Cooling
- None
Appliances
- Laundry: Inside
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,107
- Total interior livable area: 2,107 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport Double, Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Entry location: Main Level
Lot
- Size: 0.27 Acres
Details
- Parcel number: 005656125
- Zoning: R1 & R4
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Frame Wood
- Foundation: Concrete Perimeter
- Roof: Membrane
Condition
- Resale
- New construction: No
- Year built: 1968
Utilities & green energy
- Water: Municipal
Community & HOA
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$355/sqft
- Tax assessed value: C$770,000
- Annual tax amount: C$2,715
- Date on market: 9/25/2025
- Ownership: Freehold
Larry Mcnabb
(250) 714-6051
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Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Listed for sale | C$749,000C$355/sqft |
Source: VIVA #1014831 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: Northfield
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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