585 Marisa St Nanaimo, British Columbia V9R 0H5

5 Bedroom 3 Bathroom 2,556 ft2
Fireplace None Baseboard Heaters

$859,999

Investor-Ready with Vacant Suite – Move-In or Rent Out Immediately This well-maintained home in South Nanaimo offers an excellent investment opportunity with income in place and added flexibility. Built in 2016, the property features 5 bedrooms and 3 bathrooms divided between two fully self-contained suites, each with separate hydro meters, laundry, and hot water tanks. The upper-level main home is currently tenanted and features 3 bedrooms and 2 bathrooms, including a spacious primary bedroom with walk-in closet and double walk-in shower. The open-concept kitchen, dining, and living space includes a corner gas fireplace, pantry, built-in desk, and access to a covered sundeck. The legal 2-bedroom suite (Suite B) on the lower level is vacant and move-in ready, making it ideal for a new tenant or multi-generational living. With durable laminate flooring, private entrance, and in-suite laundry, it’s well-suited for renters or extended family. Additional features include a double garage with interior access, low-maintenance landscaping, and a central location close to Vancouver Island University, schools, shopping, parks, and transit. Whether you’re looking to expand your rental portfolio or live in one unit while renting the other, this property delivers flexibility, strong income potential, and future growth opportunity. All measurements are approximate and should be verified if important. (id:46156)

Property Details

MLS® Number 1001600
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 2,556 Ft2
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

https://www.realtor.ca/real-estate/28386660/585-marisa-st-nanaimo-south-nanaimo