Turn-Key Investment Property with $4,500/Month Rental Income This almost new 5-bedroom, 3-bath home near Vancouver Island University offers exceptional value for investors or buyers seeking flexible living with strong income potential. The thoughtfully designed layout features 3 bedrooms and 2 bathrooms up, with an open-concept living area, modern kitchen, and large deck overlooking the level, landscaped yard with block retaining walls and a beautiful maple tree canopy providing natural shade. The lower level includes 2 additional bedrooms, a full 4-piece bath, in suite laundry and a separate living space with its own entrance — ideal as a private suite or guest accommodation(Unauthorized). Currently fully tenanted, generating $4,500/month from two rented units, this property provides reliable income from day one. Energy-efficient features include natural gas forced-air heating, hot water on demand, a gas fireplace, and rough-in for a heat pump with a concrete pad in place. The exterior blends metal, vinyl, and stone accents, creating a modern, durable finish. A solid investment in a prime location close to schools, shopping, and amenities — move-in ready and income-producing. All measurements approx-Buyers agent to verify if fundamental to purchase. (id:44393)
| MLS® Number | 1017280 |
| Property Type | Single Family |
| Neigbourhood | University District |
| Features | Central Location, Curb & Gutter, Other |
| Parking Space Total | 2 |
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Constructed Date | 2021 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,169 Ft2 |
| Total Finished Area | 1917 Sqft |
| Type | House |
| Garage |
| Access Type | Highway Access |
| Acreage | No |
| Size Irregular | 3509 |
| Size Total | 3509 Sqft |
| Size Total Text | 3509 Sqft |
| Zoning Description | R2 |
| Zoning Type | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Kitchen | 12'8 x 12'1 | ||
| Lower Level | Laundry Room | 11 ft | 5 ft | 11 ft x 5 ft |
| Lower Level | Media | 15'8 x 13'6 | ||
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Bedroom | 10 ft | 10 ft x Measurements not available | |
| Lower Level | Bedroom | 11 ft | 9 ft | 11 ft x 9 ft |
| Main Level | Ensuite | 3-Piece | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Primary Bedroom | 11'10 x 11'8 | ||
| Main Level | Great Room | 20 ft | 20 ft x Measurements not available | |
| Main Level | Bedroom | 10 ft | 10 ft | 10 ft x 10 ft |
| Main Level | Bedroom | 9 ft | 10 ft | 9 ft x 10 ft |
| Main Level | Kitchen | 10 ft | Measurements not available x 10 ft |
https://www.realtor.ca/real-estate/28979258/2149-salmon-rd-nanaimo-university-district
Contact us for more information
Nita Sihota
Personal Real Estate Corporation
(250) 756-2112
(250) 756-9144
www.suttonnanaimo.com/
Harvey Nagra
(250) 756-2112
(250) 756-9144
www.suttonnanaimo.com/
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