2223 Rosstown Rd

MLS® 860258

Property Description

INVESTOR ALERT - fully tenanted, solid home in a great location near recreation, shopping, public transportation and schools. This home offers a 2 bedroom suite up and a 3 bedroom suite down located in the centre of the city with great revenue, over a 5% CAP rate and future potential for a multi-family development as per the Official Community Plan corridor zone. The location of this home is positioned within a 5 minute walk to shopping, dining, elementary school, public transportation, Beban Park Recreational Facility & sports fields. Plans are underway to remove the access off Bowen Road to Rosstown, park trail behind the rear fence and new subdivision with $650k+ homes. This property has been well maintained with no deferred maintenance and excellent tenants who wish to stay. The neighbouring home with suite is also available. Future redevelopment potential with Corridor zoning in the OCP.

Full Address

2223 Rosstown Rd, Nanaimo BC V9T 3R4

MLS® Number

860258

Listing Price

$524,900

Property Type

Single Family Detached

Year Built

1980

Living Area

2,132 SqFt

Bedrooms

5

Total Bathrooms

2

Annual Tax Amount

$3,108

Interior Features

Dining Room, Eating Area, Storage

Lot Features

Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Private, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, See Remarks

Exterior Features

Balcony/Deck, Balcony/Patio, Fenced, Fencing: Partial, Garden, Lighting, Low Maintenance Yard

Total Fireplaces

2

Water Source

Municipal

Heating

Baseboard, Electric

Cooling

None

Basement

Finished, Full, Walk-Out Access, With Windows

Directions

Off Bowen Road onto Rosstown. First house on left off Bowen.

Property Location

Listing by Royal LePage Coast Capital - Westshore

Listing information last updated: Mon Nov 30 2020 15:45:49 GMT+0000 (Coordinated Universal Time)

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Jenny Bruce Personal Real Estate Corporation

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Jenny Bruce Personal Real Estate Corporation

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