About 546 Wakesiah Ave
Turn-Key Investment Property Near VIU – Strong ROI & Market Rent in Place.
Opportunity knocks with this fully tenanted 6-bedroom, 3-bathroom investment property, just steps from Vancouver Island University.
The COR1 zoning allows for mixed use commercial/residential or up to 6 story multi-family making this a great holding property with cashflow today and development potential in the future.
Spanning 2,120 sqft over two self-contained levels with three bedrooms per floor, offering excellent rental flexibility and consistent cashflow.
Both suites are currently occupied by long-term tenants paying market rent, contributing to a solid cap rate and low vacancy risk. This income-generating property is perfectly suited for investors seeking a high return on investment in a high-demand rental area with development potential.
Residential home for sale in Nanaimo, BC at 546 Wakesiah Ave. This 6 bedroom Residential home is priced at $353/sqft
Amenities of 546 Wakesiah Ave
Parking Spaces |
4
|
Parking |
Carport
|
Is Waterfront |
No
|
Has Pool |
No
|
Interior of 546 Wakesiah Ave
Heating |
Baseboard
|
Cooling |
None
|
Fireplace |
No
|
Exterior of 546 Wakesiah Ave
Roof |
Fibreglass Shingle
|
Construction |
Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Partial, Insulation: Walls, Stucco
|
Foundation |
Poured Concrete
|
Listing Details of 546 Wakesiah Ave
Office | Pemberton Holmes Ltd. (Pkvl) |
Map To 546 Wakesiah Ave, Nanaimo