Perfect first-time buyer opportunity! This move-in ready 4-bed, 2-bath home on 7,251 sq ft offers affordable homeownership with built-in income potential. The 1-bedroom self-contained suite with private entrance could generate substanitial rental income to help offset your mortgage. Main floor features spacious primary bedroom with his/her closets plus two additional bedrooms in 2,059 sq ft of finished space. Property includes 245 sq ft detached shop, mature cedar hedge for privacy, and alley access. Located minutes from University Village Mall and VIU, ensuring high rental demand. Flexible COR1 zoning allows residential/commercial opportunities. This smart investment lets you live comfortably while building equity through rental income. Large lot provides future development potential. Ready to move in, ready to start earning - your pathway to homeownership starts here!
Address
608 Bruce Ave
List Price
$639,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Character
Area
Nanaimo
Sub-Area
Na South Nanaimo
Bedrooms
4
Bathrooms
2
Floor Area
2,059 Sq. Ft.
Lot Size
7251 Sq. Ft.
Lot Size (Acres)
0.17 Ac.
Year Built
1950
MLS® Number
1003123
Listing Brokerage
eXp Realty (NA)
Basement Area
Partially Finished
Postal Code
V9R 3Y7
Tax Amount
$3,637.54
Tax Year
2024
Features
Forced Air, Hardwood, Mixed, Natural Gas, Wood
Amenities
Central Location, Landscaped, Serviced, Shopping Nearby, Storage Shed, Workshop