360 Selby St. #106
Nanaimo, BC, V9R 2R5
546 Wakesiah Ave
Nanaimo
V9R 3L1
$685,000
Residential
beds: 6
baths: 3.0
2,120 sq. ft.
built: 1981
- Status:
- Sold
- Sold Date:
- Mar 19, 2026
- Sold Price:
- $685,000
- Sold in:
- 64 days
- Prop. Type:
- Residential
- MLS® Num:
- 1023285
- Bedrooms:
- 6
- Bathrooms:
- 3
- Year Built:
- 1981
Turn-Key Investment Property Near VIU – Strong ROI & Market Rent in Place.
Opportunity knocks with this fully tenanted 6-bedroom, 3-bathroom investment property, just steps from Vancouver Island University.
The COR1 zoning allows for mixed use commercial/residential or up to 6 story multi-family making this a great holding property with cashflow today and development potential in the future.
Spanning 2,120 sqft over two self-contained levels with three bedrooms per floor, offering excellent rental flexibility and consistent cashflow.
Both suites are currently occupied by long-term tenants paying market rent, contributing to a solid cap rate and low vacancy risk. This income-generating property is perfectly suited for investors seeking a high return on investment in a high-demand rental area with development potential.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1981 (Age: 45)
- Living Area:
- 2,120 sq. ft.
- Listing General Location:
- Na University District, Nanaimo
- Bedrooms:
- 6
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 4,830 sq. ft.
- Kitchens:
- 2
- Taxes:
- $4,685 / 2025
- Construction:
- Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Partial, Insulation: Walls, Stucco
- New Construction:
- No
- Basement:
- Full, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Fibreglass Shingle
- Total Building Area:
- 2,120 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- # Bedrooms or Dens Total:
- 6
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 3
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,085 sq. ft.
- Living Area Main Floor:
- 1,035 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Baseboard
- Fireplace:
- No
- Pending Date:
- Feb 25, 2026
- Date Sold:
- Mar 19, 2026
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Main Floor
- Kitchen
- 10'5" × 8'8"
- Main Floor
- Living Room
- 17'11" × 12'7"
- Main Floor
- Dining Room
- 10'5" × 7'1"
- Main Floor
- Bedroom
- 17'3" × 9'
- Main Floor
- Bedroom
- 11'5" × 10'5"
- Main Floor
- Bedroom
- 10'7" × 9'
- Lower Level
- Kitchen
- 15'4" × 11'6"
- Lower Level
- Living Room
- 15'4" × 11'9"
- Lower Level
- Bedroom
- 11'10" × 9'8"
- Lower Level
- Bedroom
- 12'10" × 9'8"
- Lower Level
- Bedroom
- 10'2" × 9'7"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4-Piece
- Main Floor
- Yes
- 2
- 2-Piece
- Lower Level
- No
- 4
- 4-Piece
- Assessed:
- 678000.0
- Assessment year:
- 2025
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- LOT8, SECTION 1, NANAIMO DISTRICT, PLAN 1575
- Zoning:
- COR1
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 2
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 1
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Resale
- Exposure / Faces:
- East
- Layout:
- Main Level Entry with Upper Level(s)
- Attached Garage:
- No
- Carport Spaces:
- 1
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Carport
- Total Parking Spaces:
- 4
- Total Units:
- 2
- Date Listed:
- Jan 14, 2026
-
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Listed by Pemberton Holmes Ltd. (Pkvl), sold on March, 2026
Data was last updated September 14, 2026 at 12:05 PM (UTC)
- SIMONE BEZEAU
- ISLAND PACIFIC REALTY LTD. UNIT 106-360 SELBY ST. NANAIMO BC
- (250) 327-4574
- Contact by Email
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Contact Me
Cell: (250) 327-4574
Office: (250) 739-1507
simone@simonebezeau.com