426/436 Wharton St, Nanaimo | $849,900

Incredible Investment Opportunity to purchase two legal lots in the coveted University District of Nanaimo. Perfect situation for a multi generational family or someone who wants to generate income immediately while building next door. With the? zoning and flexible development options with the City of Nanaimo these properties are only limited by your imagination. Live in the existing mid century modern home featuring 4 bedrooms, 2 bathrooms, and a main level entry with a walk-out basement that offers suite potential while you build your dream home on the lot next door. Once your cosmetic updates are completed the existing home becomes the perfect family home as it has been since it was first built or a great rental income property. Located just five minutes from downtown, and a short stroll to recreation, shopping, transit and all levels of schools including? VIU. Buyer to? verify zoning and development potential. Measurements approximate, please verify if important.

Description

Incredible Investment Opportunity to purchase two legal lots in the coveted University District of Nanaimo. Perfect situation for a multi generational family or someone who wants to generate income immediately while building next door. With the? zoning and flexible development options with the City of Nanaimo these properties are only limited by your imagination. Live in the existing mid century modern home featuring 4 bedrooms, 2 bathrooms, and a main level entry with a walk-out basement that offers suite potential while you build your dream home on the lot next door. Once your cosmetic updates are completed the existing home becomes the perfect family home as it has been since it was first built or a great rental income property. Located just five minutes from downtown, and a short stroll to recreation, shopping, transit and all levels of schools including? VIU. Buyer to? verify zoning and development potential. Measurements approximate, please verify if important.

General Info


MLS Listing ID: 985354 Bedrooms: 3 Bathrooms: 2 Year Built: 1961
Parking: N/A Heating: Forced air Lotsize: 15120 sqft Air Conditioning : None

Amenities/Features


  • Central location
  • Other

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .