Investor-ready with income already in place, this well-designed home in South Nanaimo features a legal 2-bedroom suite and a tenant already occupying the upper level. Built in 2016, the property offers 5 bedrooms and 3 bathrooms split between two fully self-contained living spaces, each with its own hydro meter, hot water tank, and laundry. This is a turnkey opportunity for investors looking for solid rental income in a high-demand area. The main level offers 3 bedrooms and 2 bathrooms, including a primary suite with walk-in closet and double walk-in shower. An open-concept layout connects the kitchen, dining, and living areas, highlighted by a corner gas fireplace and access to a covered sundeck. The kitchen includes a pantry and built-in desk, features that appeal to tenants seeking function and comfort. The legal 2-bedroom suite on the lower level has a separate entrance, its own laundry, and durable laminate flooring throughout. With separate utilities and private living spaces, the layout supports tenant independence and simplifies property management. Additional features include a double garage with interior access, easy-care landscaping, and a location that’s walking distance to VIU, schools, shopping, parks, and transit. Whether you're expanding your rental portfolio or entering the market for the first time, this income-generating property offers excellent value with future growth potential. All measurements are approximate and should be verified if important.
Address
585 Marisa St
List Price
$875,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Nanaimo
Sub-Area
Na South Nanaimo
Bedrooms
5
Bathrooms
3
Floor Area
2,206 Sq. Ft.
Lot Size
5734 Sq. Ft.
Lot Size (Acres)
0.13 Ac.
Year Built
2016
MLS® Number
997221
Listing Brokerage
Royal LePage Nanaimo Realty (NanIsHwyN)
Basement Area
Finished
Postal Code
V9R 0H5
Tax Amount
$5,209.00
Tax Year
2024
Features
Baseboard, Dishwasher, Electric, F/S/W/D, Mixed, Vinyl Frames
Amenities
Balcony/Patio, Central Location, Family-Oriented Neighbourhood, Fencing: Partial, Low Maintenance Yard, Recreation Nearby