395 Chesterlea Ave

For Sale New 1 Hour
$899,000
3 beds
2 baths
1,918 Sqft

395 Chesterlea Ave

For Sale New 1 Hour
$899,000
3 beds
2 baths
1,918 Sqft

Highlights

Key insights

Description

This exceptional opportunity features a main house with two self-contained 2-bedroom suites; one on the main level and one on the lower level. Both are rented to excellent tenants and generating steady income. At the rear, the laneway house is already built with a living room, dining area, TV space, full kitchen, and bathroom on the main floor. The upper floor is fully approved for a custom-designed 3-bedroom suite. All permits and plans are in place, ready for you to complete to your taste. Projected rental income for the laneway is $2,700–$3,100 per month, in addition to the solid rental income from the two suites in the main home. ?? The laneway home is available for viewing now, while the tenanted suites in the main house can be shown with serious inquiries only. An absolute gem for investors seeking cash flow, growth potential, and flexibility in a prime location! (id:63267)

Charles Sutton of Sutton Group-West Coast Realty (Nan),
#1013684
updated 1 hour ago.
Houseful checked MLS® for data 1 hour ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Oil
  • Heat type
    Forced air
Exterior
  • # parking spaces
    4
Interior
  • # full baths
    2
  • # total bathrooms
    2.0
  • # of above grade bedrooms
    3
  • Has fireplace (y/n)
    Yes
Location
  • Subdivision
    University district
  • Zoning description
    Residential
Lot/ Land Details
  • Lot dimensions
    6000
Overview
  • Lot size (acres)
    0.14097744
  • Building size
    1918
  • Listing #
    1013684
  • Property sub type
    Single family residence
  • Status
    Active
Rooms Information metric
  • Family room
    4.394m X 4.013m
    Level: Lower
  • Bedroom
    3.353m X 4.013m
    Level: Lower
  • Kitchen
    3.886m X 3.81m
    Level: Lower
  • Laundry
    3.48m X 3.302m
    Level: Lower
  • Bathroom
    2 - Piece
    Level: Lower
  • Living room
    4.496m X 4.572m
    Level: Main
  • Primary bedroom
    3.556m X 3.353m
    Level: Main
  • Kitchen
    4.064m X 3.556m
    Level: Main
  • Bathroom
    5 - Piece
    Level: Main
  • Bedroom
    3.581m X 3.454m
    Level: Main
  • Wine cellar
    3.353m X 2.438m
    Level: Other
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28860042/395-chesterlea-ave-nanaimo-university-district
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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