585 Marisa St

Nanaimo, Vancouver Island
British Columbia, Canada V9R 0H5

$859,999

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Description

Investor-ready with income already in place, this 5-bedroom, 3-bathroom home in South Nanaimo includes a legal 2-bedroom suite and a tenant occupying the upper level. Built in 2016, each suite has its own hydro meter, hot water tank, and laundry, ideal for independent living and ease of management. The main floor features 3 bedrooms, 2 bathrooms, an open-concept layout with a gas fireplace, covered sundeck, pantry, and built-in desk. The ground-level suite has a private entrance, durable laminat...

...e flooring, and in-suite laundry. A double garage and low-maintenance landscaping add to the appeal. Located within walking distance of VIU, schools, parks, shopping, and transit, this property offers a strong return in a growing rental market. All measurements are approximate and should be verified if important.

Property Details

  • MLS ID :

  • Price :

  • Property Size :

  • Lot Size Acres :

  • 1001600

  • $859,999

  • 2556.00

  • 0.13

  • Bedrooms :

  • Bathrooms :

  • Garage :

  • Parking Total :

  • 5

  • 3

  • Yes

  • 2

  • Property Type :

  • Days On Market :

  • MLS Area :

  • MLS Status :

  • Residential

  • 29

  • Nanaimo

  • Active

Additional Details

  • Tax Annual :

  • Tax Year :

  • $5,209

  • 2025

  • View :

  • Water :

  • Sewer :

  • Municipal

  • Sewer Connected

Additional Information

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.
Central Location,Family-Oriented Neighbourhood,Recreation Nearby
Transit Nearby
Balcony/Patio,Fencing: Partial,Low Maintenance Yard

Driveway,Garage,On Street
Dishwasher,F/S/W/D

Location 585 Marisa St Nanaimo V9R 0H5


Contact

Scott Parker

250-751-1223

scott@scottparker.ca

RE/MAX of Nanaimo

1-5140 Metral Drive,, Nanaimo


Property listed by: Royal LePage Nanaimo Realty (NanIsHwyN)
REALTOR Nicole Hindman,