Home with brick exterior material, street for 395 CHESTERLEA AVENUE, Nanaimo British Columbia V9R4B2
4 hours on Market

395 CHESTERLEA AVENUE, Nanaimo, British Columbia V9R4B2

Detached
2 + 1
2
~1918 sqft
$899,000
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Detached
2 + 1
2
~1918 sqft

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Highlights

Property Estimate

Days on market4 hours

Estimated valueNot available

Price/Sqft$468/sqft

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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:39198)


Property Details

StyleHouse
View-
Age of property1970
SqFt~1918 SqFt
Lot Size-
Parking Spaces4
MLS ®Number1013684
Community NameHarewood
Data SourceCREA
Listing bySutton Group-West Coast Realty (Nan)

Features

Heating: Forced air, Oil

Lower level Floor

Kitchen

12'6 x 12'9

Bathroom

Laundry room

10'10 x 11'5

Bedroom

13'2 x 11'0


Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Sep 13, 2025
ListedActive
$899,000
4 hours on market
history photo preview24
Listing by crea®
Property listed by Sutton Group-West Coast Realty (Nan), Brokerage
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Population and Demographics

Overview

Total population 7735
Average household income $90,996

Age (%)

0 to 19
19%
20 to 34
26%
35 to 49
19%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single family
48%
Single person
40%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
Punjabi (Panjabi)
2%
French
1%
Arabic
1%
Mandarin
1%

House tenancy (%)

Owners
53%
Renters
47%

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