For Sale

$949,900

1394/1396 Graham Cres, Nanaimo, BC V9S 2E3

4 Beds 4 Baths

Remarks

Located in the heart of Central Nanaimo, this legal duplex presents a fantastic investment opportunity, generating $5700 per month in rental income. Situated on a low-maintenance corner lot, the property features three suites, offering flexibility and strong rental appeal. Each side of the duplex boasts an inviting main level with an open-concept living, dining, and kitchen area, highlighted by cozy gas fireplaces. Upstairs, both units offer two well-sized bedrooms and a 4-piece bathroom. The lower level of 1396 includes a versatile family room with a separate entrance, a modern 3-piece bath, and in-suite laundry, adding extra functionality. Meanwhile, 1394 features a self-contained studio suite with a 3-piece bath and access to shared laundry, enhancing its rental potential. Centrally located and within walking distance of schools, transit, restaurants, and shopping, this property offers unparalleled convenience for tenants. A prime, turn-key investment in a high-demand rental area!

Property Summary

  • Neighbourhood: Nanaimo
  • Annual Tax Amount: $5,639.17 (2024)
  • Lot Frontage: 4025 Square Feet
  • Lot Size: 4025 Square Feet
  • No. of Parking Spaces: 5
  • Floor Space (approx): 2638 Square Feet
  • Built in: 2001
  • Bedrooms: 4
  • Bathrooms (Total): 4
  • Zoning: R5

Property Features:

  • Appliances:
    F/S/W/D
  • Basement:
    Finished
  • Construction Materials:
    Insulation All , Vinyl Siding
  • Cooling:
    None
  • Fireplace Features:
    Gas
  • Foundation Details:
    Concrete Perimeter
  • Heating:
    Baseboard , Electric
  • Laundry Features:
    In House , In Unit
  • Lot Features:
    Central Location , Corner Lot , Easy Access , Rectangular Lot , Shopping Nearby , Southern Exposure
  • Ownership:
    Freehold
  • Parking Features:
    Open
  • Pets Allowed:
    Aquariums , Birds , Caged Mammals , Cats OK , Dogs OK
  • Property Condition:
    Resale
  • Property Sub Type:
    Full Duplex
  • Road Surface Type:
    Paved
  • Roof:
    Asphalt Shingle
  • Sewer:
    []
  • View:
    Mountain(s)
  • Water Source:
    Municipal
  • Zoning Description:
    Duplex

Rooms

  • Bathroom:
    Level: 2nd
  • Bedroom:
    Level: 2nd 3.00 m x 2.82 m
  • Other:
    Level: 2nd 3.51 m x 3.38 m
  • Bathroom:
    Level: 2nd
  • Walk-in Closet:
    Level: 2nd 1.30 m x .94 m
  • Bedroom:
    Level: 2nd 3.00 m x 2.72 m
  • Other:
    Level: 2nd 3.73 m x 3.35 m
  • Walk-in Closet:
    Level: 2nd 1.22 m x 1.12 m
  • Dining:
    Level: Main Level 3.61 m x 2.44 m
  • Living:
    Level: Main Level 4.90 m x 3.73 m

Office Listing: 

Courtney Kozack Real Estate Agent/Property Manager

Lifestyle
Neighbourhood Info
Mary-Anne Fasken

Mary-Anne Fasken

Sales Representative

Phone:  250.245.2252

Mobile:  250.466.5305

Fax:  250.245.0574

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Royal LePage Nanaimo Realty, Brokerage (Independently owned and operated)

BOX 1300 - 410A 1ST AVENUE
LADYSMITH,  BC V9G1A9

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