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Bedrooms: 8
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Bathrooms: 6
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Living area: 4240 square feet
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MLS®: 962019
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Type: Duplex
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Added: 2 days ago
Property Details
Nestled in central Nanaimo, this side-by-side duplex presents a lucrative investment opportunity. Conveniently located within walking distance to Bowen Park, the harbourfront walkway and downtown Nanaimo, this property boasts nine bedrooms and six bathrooms across two units with two suites: Two 3 bed units, a 2 bed and a studio. Units are bright and each have their own outdoor patio, as well as 2 shared laundry rooms, a large shared yard and a covered carport with 3 spaces. A low-maintenance building that is fully tenanted, this property promises steady cash flow. Don’t miss out on this chance to secure a prime investment in Nanaimo’s thriving real estate market! (id:1945)
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Property Information
- Tax Lot: 46
- Zoning: Multi-Family
- Cooling: See Remarks
- Heating: Baseboard heaters
- List AOR: Vancouver Island
- Year Built: 1993
- Living Area: 4240
- Lot Features: Central location, Other
- Photos Count: 43
- Lot Size Units: square feet
- Parcel Number: 000-676-225
- Parking Total: 5
- Bedrooms Total: 8
- Structure Type: Duplex
- Common Interest: Freehold
- Tax Annual Amount: 5626.24
- Lot Size Dimensions: 6608
- Zoning Description: R8 Medium Density Res
- Number Of Units Total: 4
- Above Grade Finished Area: 3655
- Above Grade Finished Area Units: square feet
Room Dimensions
| Type |
Level |
Dimensions |
| Balcony |
Second level |
4'0 x 9'3 |
| Bathroom |
Second level |
5'8 x 7'5 |
| Bedroom |
Second level |
11'11 x 9'1 |
| Bedroom |
Second level |
11'11 x 9'7 |
| Ensuite |
Second level |
5'5 x 7'5 |
| Primary Bedroom |
Second level |
11'5 x 12'3 |
| Living room |
Second level |
17'2 x 13'2 |
| Eating area |
Second level |
11'9 x 9'3 |
| Kitchen |
Second level |
11'5 x 7'0 |
| Balcony |
Second level |
4'0 x 9'0 |
| Bathroom |
Second level |
6'1 x 7'7 |
| Bedroom |
Second level |
10'3 x 8'10 |
| Bedroom |
Second level |
10'3 x 9'11 |
| Ensuite |
Second level |
5'2 x 7'7 |
| Primary Bedroom |
Second level |
11'7 x 11'9 |
| Living room |
Second level |
17'0 x 13'7 |
| Eating area |
Second level |
11'11 x 9'0 |
| Kitchen |
Second level |
11'7 x 7'0 |
| Porch |
Main level |
3'11 x 4'5 |
| Porch |
Main level |
3'11 x 5'7 |
| Balcony |
Main level |
3'8 x 7'4 |
| Laundry room |
Main level |
5'3 x 9'9 |
| Bathroom |
Main level |
5'1 x 7'10 |
| Bedroom |
Main level |
11'4 x 13'1 |
| Bedroom |
Main level |
11'11 x 16'9 |
| Living room/Dining room |
Main level |
21'4 x 13'7 |
| Kitchen |
Main level |
11'4 x 9'4 |
| Balcony |
Main level |
3'8 x 6'1 |
| Laundry room |
Main level |
4'3 x 9'11 |
| Bathroom |
Main level |
3'11 x 4'3 |
| Living room/Dining room |
Main level |
12'7 x 16'7 |
| Kitchen |
Main level |
9'9 x 8'8 |
 |
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Nearby Places
| Name |
Type |
Address |
Distance |
| Ramada |
Lodging |
315 Rosehill St |
0.3 km |
| Howard Johnson Hotel Nanaimo |
Lodging |
1 Terminal Ave |
0.9 km |
| Tim Hortons |
Cafe |
15 Wallace St |
0.9 km |
| Gina's Mexican Cafe |
Night club |
47 Skinner St |
1.2 km |
| Christian Science Society (Nanaimo) |
In 1932 it was converted to church use by being pl... |
|
1.2 km |
| Mrs Riches Restaurant |
Restaurant |
199 Fraser St |
1.2 km |
| Oxy Pub & Liquor Store |
Night club |
432 Fitzwilliam St |
1.3 km |
| Nanaimo Harbour Water Airport |
Airport |
Nanaimo |
1.3 km |
| Asteras |
Restaurant |
347 Wesley St |
1.4 km |
| Nanaimo Harbour Water Airport |
CBSA officers at this airport can handle general a... |
|
1.4 km |
| Bistro Taiyo Japanese Restaurant |
Restaurant |
321 Wesley St |
1.4 km |
| Modern Cafe |
Restaurant |
221 Commercial St |
1.4 km |
Similar Duplexs Stat in Nanaimo
We have found 6 Duplex that closely match the specifications of the property located at 531 Rosehill St with distances ranging from 2 to 7 kilometers away. The prices for these similar properties vary between 560,000 and 941,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Duplex in the V9S1E7 postal code area of Nanaimo British Columbia Canada.
531 Rosehill St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 531 Rosehill St. The current price of the property is $879,000, 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 $703,200. This would result in a monthly mortgage payment of $4,110 over a 25-year amortization period.
Demographic Information
Neighbourhood Education
|
Master's degree
|
15
|
|
Bachelor's degree
|
50
|
|
University / Above bachelor level
|
10
|
|
University / Below bachelor level
|
20
|
|
Certificate of Qualification
|
15
|
|
College
|
65
|
|
University degree at bachelor level or above
|
80
|
Neighbourhood Marital Status Stat
|
Married
|
90
|
|
Widowed
|
35
|
|
Divorced
|
70
|
|
Separated
|
25
|
|
Never married
|
200
|
|
Living common law
|
60
|
|
Married or living common law
|
150
|
|
Not married and not living common law
|
325
|
Neighbourhood Construction Date
|
1961 to 1980
|
130
|
|
1981 to 1990
|
55
|
|
1991 to 2000
|
35
|
|
2006 to 2010
|
25
|
|
1960 or before
|
65
|
