Ideally located near the University, this Fifth Street property comprises two fully self-contained, attached homes, situated on a low-maintenance 0.13-acre corner lot, offering the savvy investor an excellent investment opportunity with the potential for multiple income streams. Located just 1 km from the Vancouver Island University campus and an easy 5-minute stroll from the University Village Mall, this pedestrian-friendly area is an attractive and convenient choice for students and renters. With a combined 1,958 sqft of living space, the larger residence (an authorized suite) features three bedrooms, with potential for a fourth, while the smaller suite adds two more bedrooms. A great option for a growing or multigenerational family, a savvy investor, or a combination of both, this ideally located property is sure to tick all the boxes. Don’t miss out on the opportunity to realize the exceptional investment potential this property offers. Verify data and measurements if important.
For sale
C$699,900
315 5th St, Nanaimo, BC V9R 1N6
5beds
2baths
1,958sqft
Single Family Residence
Built in 1943
5,662.8 Square Feet Lot
$-- Zestimate®
C$357/sqft
C$-- HOA
What's special
Corner lotPedestrian-friendly areaAuthorized suite
- 17 days
- on Zillow |
- 67 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 09:32am
Listed by:
Carlee Jahelka Personal Real Estate Corporation,
Royal LePage Nanaimo Realty (NanIsHwyN),
Devin Jahelka,
Royal LePage Nanaimo Realty (NanIsHwyN)
Source: VIVA,MLS®#: 994732
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Kitchen
- Level: Main
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Laundry: Inside, In Unit
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,958
- Total interior livable area: 1,958 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Entry location: Main Level
Lot
- Size: 5,662.8 Square Feet
- Features: Central Location, Corner Lot, Shopping Nearby
Details
- Parcel number: 000176192
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Other
- Roof: Asphalt Shingle
Condition
- Resale
- New construction: No
- Year built: 1943
Utilities & green energy
- Water: Municipal
Community & HOA
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$357/sqft
- Tax assessed value: C$588,000
- Annual tax amount: C$3,753
- Date on market: 4/10/2025
- Ownership: Freehold
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