18 Gillespie St, Nanaimo

Workshop - 18 Gillespie St, Nanaimo, BC V9R4Y3 Photo 1

34 Photos

Bathroom - 18 Gillespie St, Nanaimo, BC V9R4Y3 Photo 2
Kitchen - 18 Gillespie St, Nanaimo, BC V9R4Y3 Photo 3
Utility room - 18 Gillespie St, Nanaimo, BC V9R4Y3 Photo 4
Bedroom - 18 Gillespie St, Nanaimo, BC V9R4Y3 Photo 5
Living room - 18 Gillespie St, Nanaimo, BC V9R4Y3 Photo 6
Entrance - 18 Gillespie St, Nanaimo, BC V9R4Y3 Photo 7
  • Bedrooms: 4
  • Bathrooms: 3
  • Living area: 2030 square feet
  • MLS®: 960876
  • Type: Residential
  • Added: 14 days ago

Property Details

Discover the epitome of ideal location with this meticulously renovated residence boasting breathtaking ocean views, conveniently situated just moments from the bustling downtown shopping center. This captivating home offers an array of desirable features, including four bedrooms, three bathrooms, a luminous and generously proportioned kitchen, freshly applied paint, upgraded flooring, and state-of-the-art appliances. Embracing modern comfort, it is equipped with a heat pump, newer windows, and a covered back deck, ensuring year-round enjoyment of the surrounding beauty. Completing this exceptional property is a fully finished one-bedroom basement suite, ideal for extended family living or rental income. Nestled on an expansive 0.19-acre fenced lot, the residence also features a substantial 780 sqft detached garage/workshop, providing ample space for hobbies or storage. With accommodation for over eight vehicles, along with the convenience of house-wide air conditioning, this home exudes both practicality and luxury. Act swiftly to seize this unparalleled opportunity before it's too late. Additionally, the main home, featuring three bedrooms and two bathrooms, with rental income of $2450 per month, while the one-bedroom suite fetches $1250 per month, making it a lucrative investment. Set upon an 8000 sqft lot with a detached garage, this property truly offers the best in coastal living combined with exceptional rental potential. (id:1945)

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Property Information

  • View: Ocean view
  • Zoning: Residential
  • Cooling: Air Conditioned
  • Heating: Heat Pump, Forced air
  • Year Built: 1913
  • Living Area: 2030
  • Lot Features: Central location, Other
  • Photos Count: 34
  • Lot Size Units: square feet
  • Parcel Number: 000-238-708
  • Parking Total: 8
  • Bedrooms Total: 4
  • Structure Type: House
  • Common Interest: Freehold
  • Tax Annual Amount: 3531
  • Lot Size Dimensions: 8300
  • Zoning Description: R1
  • Above Grade Finished Area: 2030
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
Workshop Other 19'3 x 25'2
Bathroom Lower level 4-Piece
Kitchen Lower level 8'3
Utility room Lower level 16'9 x 5'4
Bedroom Lower level 11'3 x 9'8
Living room Lower level 15'8 x 16'4
Entrance Main level 4'8 x 5'5
Bathroom Main level 4-Piece
Living room Main level 13'11 x 12'1
Kitchen Main level 16'8 x 17'7
Primary Bedroom Main level 13'8
Bedroom Main level 9'10 x 11'4
Bedroom Main level 13'3
Ensuite Main level 2-Piece
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Nearby Places

Name Type Address Distance
1887 Nanaimo mine explosion The explosion started deep underground in the Num... 0.7 km
Firehouse Grill Bar 7 Victoria Rd 1.2 km
Nanaimo (provincial electoral district) Nanaimo is a provincial electoral district for the... 1.3 km
Petroglyph Provincial Park The park encompasses two hectares of land and feat... 1.3 km
Nanaimo (electoral district) Its legal description when it was created was: "Th... 1.3 km
Mambo Gourmet Pizza Restaurant 16 Victoria Crescent 1.4 km
Thrifty Foods Grocery or supermarket 650 Terminal Ave 1.4 km
Nanaimo Nanaimo is also the headquarters of the Regional D... 1.4 km
ACME FOOD CO Restaurant 14 Commercial St 1.4 km
Nanaimo Museum Museum 100 Museum Way 1.5 km
The Keg Steakhouse & Bar - Nanaimo Restaurant 350 Robson St 1.6 km
St Jean's Cannery & Smokehouse Gift Store, Head Office and Production Plant Food 242 S Side Dr 1.6 km
Similar Houses Stat in Nanaimo
We have found 6 Houses that closely match the specifications of the property located at 18 Gillespie St with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 699,900 and 999,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V9R4Y3 postal code area of Nanaimo British Columbia Canada.
18 Gillespie St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 18 Gillespie St. The current price of the property is $778,888, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $623,110. This would result in a monthly mortgage payment of $3,642 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 40
Bachelor's degree 10
University / Above bachelor level 10
University / Below bachelor level 10
Certificate of Qualification 25
College 65
University degree at bachelor level or above 60

Neighbourhood Marital Status Stat

Married 85
Widowed 20
Divorced 65
Separated 20
Never married 250
Living common law 85
Married or living common law 170
Not married and not living common law 355

Neighbourhood Construction Date

1961 to 1980 35
1981 to 1990 10
1991 to 2000 10
1960 or before 170
Comparison of 18 Gillespie St, Nanaimo, BC with Nearby Houses
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Lake Cowichan 61 $1.018.387
Sechelt 151 $1.224.824
Gibsons 125 $1.220.600
Salt Spring 102 $1.236.896
Bowen Island 65 $1.754.908
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Coquitlam 529 $1.677.785
Langford 393 $991.308
Burnaby 840 $1.398.834
Surrey 2597 $1.594.395
Richmond 760 $1.624.919
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