2223 ROSSTOWN NANAIMO

neighbourhood of Other British Columbia Canada V9T 3R4
$524,900

2223 ROSSTOWN NANAIMO

  • Price: $524,900
  • MLS Number: 860258
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 2132 Sq Ft
  • Property Type: Residential, Single Family Detached

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.

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