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1601 Townsite Rd, Nanaimo, BC, V9S 1M9

  • 6 Beds
  • 2 Baths
  • 1,963 Sqft
  • .24 Acres
  • 6 Beds
  • 2 Baths
  • 1,963 Sqft
  • .24 Acres

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1601 Townsite Rd

– $640,000

Excellent investment opportunity in a prime central Nanaimo location just two blocks from the hospital, making it an ideal rental property for healthcare professionals and other nearby employees. Two self contained suites, each featuring 3 bedrooms and 1 bathroom, providing strong rental appeal and excellent income potential. Both units are occupied by reliable long term tenants, making this a true turnkey investment. With separate hydro meters, utility management is simple and efficient. Enjoy beautiful views of Mt. Benson from this desirable property, conveniently located close to shopping, schools, transit and other amenities. Whether you're looking to expand your investment portfolio or live in one suite while generating income from the other, this property offers outstanding flexibility and value. OCP designated "Neighbourhood" zoning with future multifamily development potential.

Essential Information

  • MLS® #1041657
  • Price$640,000
  • Bedrooms6
  • Bathrooms2
  • Square Footage1,963
  • Acres0.24
  • Year Built1948
  • TypeResidential
  • Sub-TypeSingle Family Detached
  • StatusActive
  • Taxes$3,206
  • Tax Year2025

Community Information

  • Address1601 Townsite Rd
  • AreaNa Central Nanaimo
  • CityNanaimo
  • CountyNanaimo, City of
  • ProvinceBC
  • Postal CodeV9S 1M9

Amenities

  • ParkingOn Street
  • ViewMountain(s)
  • Additional AccommodationExists

Interior

  • HeatingBaseboard, Electric
  • CoolingNone

Exterior

  • RoofAsphalt Shingle
  • FoundationPoured Concrete

Construction

Aluminum Siding, Insulation: Ceiling, Insulation: Walls, Vinyl Siding

Additional Information

  • Listing OfficePemberton Holmes Ltd. (Pkvl)
  • Date ListedJuly 8th, 2026
  • Days on Market30
  • ZoningR5
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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.