Homes for sale - 795/797/799 Dogwood Rd, Nanaimo, BC V9R3C2

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Sarah Percival

sarah.percival@engelvoelkers.com +1(613) 883-7076

$ 995,000

Est. payment -/mo

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795/797/799 Dogwood Rd Nanaimo, BC V9R3C2

5 Beds

4 Baths

3,539 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,539 sqft

Price per Sqft $281

Subdivision South Nanaimo

MLS® Listing ID 977479

Bedrooms 5

Originating Board Vancouver Island Real Estate Board

Year Built 1974

Lot Size 0.413 Acres

Acres 18000.0

Property Description

This is an exceptional 3-unit investment property currently listed at it’s assessed value. A vacant full-sized rancher and a SxS duplex currently rented at market rates, together with a 474sf detached shop with both plumbing and electrical for additional income possibilities. The rancher is 1146sf with 3 bedrooms, lots of parking, and invites you to owner occupy so you benefit from the duplex income; or rent it at local market rates ($2300-$2400/m; $5600-$5700 total income) for a 3 unit full investment property. The rancher also features a large living room, dining room, and kitchen, with a large front deck and distant ocean and city views, main bathroom plus laundry room. The east side of the duplex is a 1 bedroom and den, laundry, kitchen, dining and living room areas. It was recently updated with paint, flooring, and cabinetry; it boasts a front deck with views. The west side of the duplex has one-bedroom, front deck and ocean views. A proforma shows net of operating costs approx. approx. 5.7% ROI. The 474sf detached shop is bonus space and is nestled behind the rancher. Abundant parking on this 18,000 sf lot. The property backs onto Morrell Nature Sanctuary for privacy and peacefulness, with its myriad trails and connection by trail to Westwood Lake. You are a 10 minute walk to Vancouver Island University, an excellent source for renters, and Colliery Dam Park. All measurements are approximate and should be verified if important. (id:24570)

Location

Province BC

Zoning Multi-Family

Rooms

Extra Room 1 Main level 21'5 x 5'11 Sunroom

Extra Room 2 Main level 4-Piece Bathroom

Extra Room 3 Main level 9'2 x 6'10 Laundry room

Extra Room 4 Main level 11'11 x 9'2 Kitchen

Extra Room 5 Main level 9'2 x 6'0 Dining room

Extra Room 6 Main level 21'11 x 13'1 Living room

Interior

Heating Baseboard heaters,

Cooling None

Exterior

Garage No

Waterfront No

View Y/N Yes

View City view, Mountain view, Ocean view

Total Parking Spaces 6

Private Pool No

Others

Ownership Freehold

Listed by RE/MAX of Nanaimo

Sarah Percival

Salesperson

+1(613) 883-7076

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