483 Hillcrest Ave, Nanaimo, British Columbia V9R3M3

CHARMING University Village home with THREE HEAT SOURCES - gas range, professionally installed wood stove and heat pump offering the epitomy of comfort, sustainability and affordable EFFICIENT heating. Gas hot water tank. No worries here when there is a power outage! This home offers an inviting front family room, renovated kitchen, renovated bathroom, front picture window, 3 bedrooms, 1 bathroom, sprinkler system, room to create secondary 'rancher' type suite within the existing home; or build detached shop/carriage house. Don't let the unsided closed in sunroom built 40 years ago at the rear of the house deter your creative ideas. Potential to finish to create more living space providing an opportunity for sweat equity! Offered below the assessed value of $531,000. All roof & sheathing replaced 10+ years ago. The property is currently zoned single family however the official community plan is designated Mixed Use Corridor offering potential for higher density. Opportunities abound in this lovely home within a 5 minute walk to the University Village, Aquatic Centre, Ice Centre, Vancouver Island University, sports fields, NDSS high school & Georgia Avenue elementary. Finish the sunroom, paint the bedroom wall panelling, polish the hardwood floors in bedrooms, replace the flooring in rec room & you are done! Move in today. Great value and likely the most affordable home in Nanaimo. This is a great holding property for future development or University Student rental or family home. (id:39198)

Inclusions: Central location, Level lot, Private setting, See remarks, Partially cleared, Other, Rectangular, Marine Oriented