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Kyle Thompson

kyle.thompson@exprealty.com +1(250) 320-5762

$ 888,000

Est. payment | -/mo

5 Beds

5 Baths

2,474 SqFt

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$ 888,000

Est. payment | -/mo

Save

5 Beds

5 Baths

2,474 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2474

Square Footage 2,474 sqft

Price per Sqft $358

Subdivision North Nanaimo

MLS® Listing ID 1045012

Bedrooms 5

Year Built 1970

Lot Size 6,522 Sqft

Acres 6522.0

Property Sub-Type Freehold

Property Description

Whether you're searching for a turnkey investment, mortgage helper, or spacious multigenerational home, this extensively renovated North Nanaimo property offers exceptional flexibility and value. Currently generating **approximately $4,900/month in rental income**, this 2,474 sq. ft. home features 5 bedrooms, 5 bathrooms, and a fully permitted suite in one of Nanaimo's most sought-after neighbourhoods. Completely overhauled from the studs out in 2019, this home combines the peace of mind of modern construction with the character of an established community. The renovation was comprehensive, including all new plumbing, electrical, insulation, drywall, paint, flooring, kitchens, bathrooms, cabinetry, tile, windows, ductwork, and contemporary finishes throughout. Separate high-efficiency furnaces, hot water tanks, gas meters, electrical meters, and in-suite laundry provide true independence between the upper and lower living spaces, while engineered sound transfer mitigation ensures exceptional privacy. Electric fireplaces add warmth and style to both suites. The extensive updates continue with a new roof, sheathing, and shingles completed in 2022, along with upgraded attic insulation for improved energy efficiency. Outside, professionally landscaped grounds with attractive concrete retaining walls enhance both curb appeal and functionality. Situated in one of North Nanaimo's most convenient locations, you'll enjoy quick access to excellent schools, shopping, restaurants, recreation, parks, beaches, and every major amenity. With extensive renovations already complete, separate services for each suite, and strong existing rental income, this is a rare opportunity to own a turnkey property offering outstanding versatility for homeowners, multigenerational families, and investors alike. Measurements are approximate and should be verified if fundamental. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 2.0

Extra Room 1 Lower level 7'6 x 5'11 Bathroom

Extra Room 2 Lower level 8'9 x 5'11 Patio

Extra Room 3 Lower level 10'9 x 9'2 Storage

Extra Room 4 Main level 5'1 x 4'3 Ensuite

Extra Room 5 Main level 12'2 x 8'3 Balcony

Extra Room 6 Main level 14'0 x 10'7 Bedroom

Interior

Heating Forced air,

Cooling None

Fireplaces Number 2

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Others

Ownership Freehold

Listed by REMAX Professionals (NA)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 320-5762

kyle.thompson@exprealty.com

1000 Clubhouse Dr, Kamloops, BC, V2H 1T9, CAN

5620 Hammond Bay Rd Nanaimo, BC V9T5N2

Kyle Thompson

Key Details

Location

Rooms

Interior

Exterior

Others

Nearby Locations

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5620 Hammond Bay Rd