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585 Marisa St Nanaimo, British Columbia V9R 0H5

5 Bedroom 3 Bathroom 2600 Sqft
Fireplace None Baseboard Heaters

$875,000

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. (id:57571)

Property Details

MLS® Number 997221
Property Type Single Family
Neigbourhood South Nanaimo
Features Central Location, Other
Parking Space Total 2
Plan Epp52198

Building

Bathroom Total 3
Bedrooms Total 5
Constructed Date 2016
Cooling Type None
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 2600 Sqft
Total Finished Area 2206 Sqft
Type House

Land

Acreage No
Size Irregular 5734
Size Total 5734 Sqft
Size Total Text 5734 Sqft
Zoning Type Residential

Rooms

Level Type Dimensions
Second Level Ensuite 4-Piece
Second Level Primary Bedroom 12'1 x 12'3
Second Level Bathroom 4-Piece
Second Level Dining Room Measurements not available x 12 ft
Second Level Kitchen 11'7 x 10'10
Second Level Bedroom 9'7 x 10'10
Second Level Bedroom Measurements not available x 12 ft
Second Level Living Room 12 ft x Measurements not available
Lower Level Bathroom 4-Piece
Lower Level Bedroom 11 ft x Measurements not available
Lower Level Bedroom 10'2 x 11'5
Lower Level Living Room 17'1 x 15'4
Lower Level Kitchen 7'11 x 11'6
Main Level Entrance 8 ft x Measurements not available