Home with vinyl exterior material, street for 89 PRINCESS STREET, Nanaimo British Columbia V9R4M4
12 hours on Market

89 PRINCESS STREET, Nanaimo, British Columbia V9R4M4

Detached
2 + 1
3
~1861 sqft
$659,900
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Detached
2 + 1
3
~1861 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$354/sqft

Est. Mortgage$2,834/mo

Tax Amount ()$3,875/yr

Days On Market12 hours


Description

This property features three income-generating suites, each with private entrances, situated in an area with high rental demand. An excellent opportunity to begin or expand a real estate portfolio and leverage tenant income to cover mortgage costs. The property currently generates over $3,800 in monthly revenue. The upper unit includes two bedrooms, one bathroom, and direct access to a sunlit backyard. Additionally, there is a one-bedroom lower suite and a third bachelor suite. Benefiting from exposure on two road frontages, the property offers convenient parking. Its proximity to downtown and the university makes it ideal for both rental investment and owner-occupation. The yard is low-maintenance, and the home has undergone numerous recent updates, including the roof. (id:39198)


Property Details

StyleHouse
View-
Age of property1980
SqFt~1861 SqFt
Lot Size-
Parking Spaces5
MLS ®Number997733
Community NameChase River-Duke Point-South End
Data SourceCREA
Listing byeXp Realty (NA)

Features

Heating: Baseboard heaters

Lower level Floor

Kitchen

11'8 x 17'7

Kitchen

10'1 x 4'1

Bedroom

Entrance

5'11 x 11'7


Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

May 6, 2025
ListedActive
$659,900
12 hours on market
history photo preview40
Listing by crea®
Property listed by eXp Realty (NA), Brokerage
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Population and Demographics

Overview

Total population 6300
Average household income $101,769

Age (%)

0 to 19
21%
50 to 64
21%
35 to 49
20%
20 to 34
19%
65 and plus
18%

Household composition (%)

Single family
62%
Single person
29%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
72%
Renters
28%

Schools and amenities

Estimated Budget

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