334-336 Howard Ave Nanaimo, British Columbia V9R 3R7

9 Bedroom 6 Bathroom 5084 sqft
Fireplace None Hot Water


University District 4 plex! This is a solid investment with a stable income stream. Situated on .23 of an acre property with plenty of parking is this Duplex zoned property with 4 units, 2 unauthorized lower suites, which are city recognized. This building is well maintained and offers over 5000 sq ft of living space with a total of 9 bedrooms, 6 baths and 2 laundry rooms. Equipped with 2 hydro meters, gas fired-zoned hot water heating system, 2 large hot water tanks and 4 fireplaces. Various updates have been made along the way as needed which include roof, vinyl windows, appliances, flooring, fixtures and cabinets. All units are spacious and are as follows – two 3-bedroom upper units (1158 sq ft & 1525 sq ft), one 2-bedroom lower unit (1204 sq ft) and one 1-bedroom lower unit (844 sq ft). Consistent revenue over the years currently shows a 4.7% cap rate with rent increases in place for 2023. This property is in a central location close to the bus routes, within walking distance to various amenities including the University, Downtown core, Nanaimo Recreation Centers and many parks and trails. Information package available upon request. All measurements are approximate, and data should be verified if important. (id:16027)

Property Details

MLS® Number 917367
Property Type Single Family
Neigbourhood University District
Features Central Location, Other
Parking Space Total 6


Bathroom Total 6
Bedrooms Total 9
Constructed Date 1971
Cooling Type None
Fireplace Present Yes
Fireplace Total 4
Heating Fuel Natural Gas
Heating Type Hot Water
Size Interior 5084 Sqft
Total Finished Area 5001 Sqft
Type Fourplex




Access Type Road Access
Acreage No
Size Irregular 10019
Size Total 10019 Sqft
Size Total Text 10019 Sqft
Zoning Description R4
Zoning Type Residential


Level Type Dimensions
Lower Level Bathroom 4-Piece
Lower Level Laundry Room 10'11 x 9'6
Lower Level Bedroom 11'6 x 10'1
Lower Level Bedroom 11'6 x 11'4
Lower Level Bedroom 10'6 x 9'6
Lower Level Kitchen Measurements not available x 12 ft
Lower Level Living Room 19'1 x 12'11
Lower Level Laundry Room 13'6 x 6'4
Lower Level Bedroom Measurements not available x 14 ft
Lower Level Kitchen 10'5 x 7'7
Lower Level Dining Room 10'5 x 8'4
Lower Level Living Room 16'9 x 12'11
Main Level Ensuite 2-Piece
Main Level Bathroom 4-Piece
Main Level Dining Nook 8'7 x 7'3
Main Level Bedroom 11'1 x 8'1
Main Level Bedroom 11 ft x Measurements not available
Main Level Primary Bedroom 14 ft x Measurements not available
Main Level Kitchen 11'2 x 11'10
Main Level Dining Room 12'11 x 11'10
Main Level Living Room 18'5 x 14'11
Main Level Bedroom 10'6 x 10'6
Main Level Primary Bedroom 14 ft x 11 ft
Main Level Kitchen 13'3 x 11'1
Main Level Dining Room 13'9 x 7'4
Main Level Living Room 16'8 x 14'11



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Contact Jeff King, Realtor®

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To contact Jeff King directly to discuss your real estate needs, please do one of the following:

Phone me at 250-751-4902
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If you prefer regular mail, you can send me your letter mail in care of the Sutton Group – West Coast Realty address below.

Sutton West Coast Realty

604 – 5800 Turner Road
Nanaimo BC V9T 6J4

Office phone: 250-756-2112
Office fax: 250-756-9144