Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).

(250) 851-3110
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Team 110 | Your Kamloops REALTOR®

5524-5526 Lost Lake Rd Nanaimo, British Columbia V9T 5G4

6 Bedroom 4 Bathroom 2,900 sqft
Fireplace None Baseboard Heaters

$979,900

Ocean View Duplex in North Nanaimo, those are words you don't see together very often. This well-maintained duplex offers an excellent opportunity for both investors and owner-occupiers. One side is currently occupied by fantastic tenants who would love to stay, the other is the current owner who has just updated their side with fresh paint and flooring upgrades. Each unit features a fully fenced yard with plenty of outdoor space for families, children, and pets. The rented side has been beautifully remodeled in recent years with high-end flooring, heated tile floors throughout, custom-designed bathrooms, and an outstanding kitchen with abundant cabinetry and workspace. The other side is equally inviting, offering a bright white kitchen, spacious bedrooms, attractive flooring, and a large laundry room. If you've been looking for an affordable way to get into the highly desirable North Nanaimo school catchment, this could be the perfect opportunity…live in one side while the rental income from the other helps offset your mortgage. The location is one of this property's greatest features. Set in a sought-after North Nanaimo neighbourhood, you'll enjoy an easy walk to Linley Valley Park, one of Nanaimo's most popular trail systems, perfect for hiking, walking the dog, or enjoying nature. Rutherford Hill Shopping Centre is also within walking distance, offering grocery stores, restaurants, cafés, and everyday conveniences. Several nearby playgrounds, parks, transit routes, excellent schools, and easy ocean access make this an exceptional location for families and tenants alike. From an investment perspective, it's worth comparing the long-term appreciation potential of a large ocean-view lot in North Nanaimo to similar investments in other areas of the city. (id:61048)

Property Details

MLS® Number 1041994
Property Type Single Family
Neigbourhood North Nanaimo
Features Central Location, Other
Parking Space Total 3
Plan Vip21027
View Type Ocean View

Building

Bathroom Total 4
Bedrooms Total 6
Constructed Date 1980
Cooling Type None
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 2,900 Sqft
Type Duplex

Land

Acreage No
Size Irregular 10875
Size Total 10875 Sqft
Size Total Text 10875 Sqft
Zoning Type Residential

Rooms

Level Type Dimensions
Second Level Bedroom 9 ft x 9 ft
Second Level Bedroom 12 ft x 10 ft
Second Level Primary Bedroom 13 ft x 10 ft
Second Level Bathroom 4-Piece
Second Level Bedroom 10'7 x 8'10
Second Level Bedroom 10'5 x 12'4
Second Level Primary Bedroom 13'3 x 10'2
Second Level Bathroom 4-Piece
Second Level Other 6'8 x 5'4
Main Level Living Room 16 ft x 12 ft
Main Level Laundry Room 10 ft x 9 ft
Main Level Kitchen 12 ft x 9 ft
Main Level Dining Room 12 ft x 9 ft
Main Level Bathroom 2-Piece
Main Level Bathroom 2-Piece
Main Level Laundry Room Measurements not available x 9 ft
Main Level Kitchen 9'3 x 12'3
Main Level Dining Room 9'4 x 12'3
Main Level Living Room 16'9 x 12'6
Main Level Entrance 4'3 x 6'3

https://www.realtor.ca/real-estate/29985784/5524-5526-lost-lake-rd-nanaimo-north-nanaimo

Contact Us

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Scott Parker
Personal Real Estate Corporation

(250) 751-1223
www.scottparker.ca/
www.facebook.com/ScottParkerRealEstateTeam/?ref=settings

RE/MAX Professionals (Na)
#1 - 5140 Metral Drive
Nanaimo, British Columbia V9T 2K8

(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxprofessionalsbc.com/

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