CABCNanaimoHarewood546 Wakesiah Ave
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546 Wakesiah Ave, Nanaimo, BC

House

For Sale

Listed price in listed location currency (CAD).
$700,000

Estimated to sell in:13 days
634

MLS® 1023285

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2120 sqft
Garage No
Taxes $4,685
Days Active 20
Lot Size 0.11 acres
Approx. Age 1981
Avg. Price Per Sqft $330
MLS® Number 1023285

Property Address: 546 Wakesiah Ave, Nanaimo, BC, V9R3L1

Average square foot calculated using Size range provided by listing agent.

Description

Turn-Key Investment Property Near VIU – Strong ROI & Market Rent in Place. Opportunity knocks with this fully tenanted 6-bedroom, 3-bathroom investment property, just steps from Vancouver Island University. The COR1 zoning allows for mixed use commercial/residential or up to 6 story multi-family making this a great holding property with cashflow today and development potential in the future. Spanning 2, 120 sqft over two self-contained levels with three bedrooms per floor, offering excellent rental flexibility and consistent cashflow. Both suites are currently occupied by long-term tenants paying market rent, contributing to a solid cap rate and low vacancy risk. This income-generating property is perfectly suited for investors seeking a high return on investment in a high-demand rental area with development potential.
MLS® Number1023285
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1981
BasementFull, Walk-Out Access, With Windows
DrivewayCarport
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 14, 2026List Date
$700,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Appraisal

This property is estimated to sell between: $700,000 and $724,000.
Similar properties in this area sold on average for: $715,687
Expected to sell in 13 days. Similar properties sold in 33 days. This home has been on eXp Realty for 20 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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546 Wakesiah Ave, Nanaimo, BC

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