43 days on Market

585 MARISA STREET, Nanaimo, British Columbia V9R0H5

Detached
3 + 2
3
~2556 sqft
$859,999
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Detached
3 + 2
3
~2556 sqft

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Highlights

Property Estimate

Days on market43 days

Estimated valueNot available

Price/Sqft$336/sqft

Monthly cost

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Description

Investor-Ready with Vacant Suite – Move-In or Rent Out Immediately This well-maintained home in South Nanaimo offers an excellent investment opportunity with income in place and added flexibility. Built in 2016, the property features 5 bedrooms and 3 bathrooms divided between two fully self-contained suites, each with separate hydro meters, laundry, and hot water tanks. The upper-level main home is currently tenanted and features 3 bedrooms and 2 bathrooms, including a spacious primary bedroom with walk-in closet and double walk-in shower. The open-concept kitchen, dining, and living space includes a corner gas fireplace, pantry, built-in desk, and access to a covered sundeck. The legal 2-bedroom suite (Suite B) on the lower level is vacant and move-in ready, making it ideal for a new tenant or multi-generational living. With durable laminate flooring, private entrance, and in-suite laundry, it’s well-suited for renters or extended family. Additional features include a double garage with interior access, low-maintenance landscaping, and a central location close to Vancouver Island University, schools, shopping, parks, and transit. Whether you’re looking to expand your rental portfolio or live in one unit while renting the other, this property delivers flexibility, strong income potential, and future growth opportunity. All measurements are approximate and should be verified if important. (id:39198)


Property Details

StyleHouse
View-
Age of property2016
SqFt~2556 SqFt
Lot Size-
Parking Spaces2
MLS ®Number1001600
Community NameFive Acres
Data SourceCREA
Listing byRoyal LePage Nanaimo Realty (NanIsHwyN)

Features

Heating: Baseboard heaters, Electric

Main level Floor

Entrance


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

May 29, 2025
ListedActive
$859,999
43 days on market
history photo preview34
Listing by crea®
Property listed by Royal LePage Nanaimo Realty (NanIsHwyN), Brokerage
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Population and Demographics

Overview

Total population 8207
Average household income $93,446

Age (%)

0 to 19
22%
20 to 34
23%
35 to 49
20%
50 to 64
18%
65 and plus
16%

Household composition (%)

Single family
58%
Single person
32%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
90%
Others
3%
Punjabi (Panjabi)
2%
Arabic
1%
French
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
63%
Renters
37%

What’s nearby?Essentials within 5 km

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Transportation Scores

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