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∼ MLS No. 445392 ∼

$599,900

1986 Coal Tyee Trail, Nanaimo, BC


  • Type: Single Family
  • Year Built: 1991
  • Property Tax: $2578
  • Approx. Sq Ft: 2,782
  • Bedrooms: 7
  • Bathrooms: 4

This is a perfect investment property! This 7 bedroom, 4 bathroom renovated home brings in serious revenue and is conveniently located close to VIU, other schools, downtown, major transit route, shopping, pubs, parkway access and trails & parks. The home features many new windows, plumbing and electrical updates and a new drain tile system. The self contained, fully furnished top level is currently designated (most nights) to Air BnB bookings @ min $99/night until Aug 31, 2018. It consists of 3 bedrooms, 2 bathrooms with ensuite, full kitchen and good sized dining and living rooms. Stacked laundry complete this level. The main and basement hosts 4 bedrooms and 2 bathrooms and includes many renovations such as updated bathrooms and bathrooms, some new floors, paint and a recently finished basement. The main and basement area is tenanted for $2000/month (incl hydro) until Aug 31, 2018. After that, the entire home is leased for $3,000/month plus bills until May 31, 2019. Tenancy law requires leases to run with the land so the leases will need to be honoured. Msmnts approx., pls verify if deemed important.


LOCATION


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Josh Wynia