502 Elizabeth St, Nanaimo, BC, V9R 3C9
$699,900MLS® # 1020451
House For Sale In Harewood, Nanaimo, British Columbia
4
Bedrooms
4
Baths
-
5940.00 Square Feet
Lot Size
Property Information:
This legal duplex offers excellent value for homeowners and investors alike. Perfectly situated near schools, parks, and major transportation routes, it provides unbeatable convenience in one of Nanaimo’s most sought-after rental areas. Each side offers 778 sq ft of well-designed living space with 2 bedrooms, 2 bathrooms, and a large laundry room—a layout always in high demand. The property is fully occupied with great tenants, providing immediate and reliable income. Extensive updates offer peace of mind, including a newer roof, updated windows, modern flooring, improved perimeter drainage, fresh paint, and more. With schools and amenities just minutes away—Malaspina Pre-School (1 min), Fairview Elementary (2 min), NDSS (10 min), Nanaimo Ice Centre (14 min), and VIU (20 min)—the location appeals to families, students, and long-term renters. Whether you're seeking a strong portfolio addition or a home with rental income, this is a low-risk investment with excellent value.
Property Features:
- Bedrooms: 4
- Bathrooms: 4
- Annual Tax Amount: $4,809
- Appliances: F/S/W/D
- Basement: Crawl Space, Unfinished
- Built in: 1954
- Construction Materials: Insulation: Ceiling, Insulation: Walls, Stucco & Siding
- Cooling: None
- Floor Space (approx): 1556 Square Feet
- Flooring: Laminate, Mixed
- Foundation Details: Concrete Perimeter
- Heating: Baseboard, Electric
- Laundry Features: In Unit
- Lot Frontage: 5940 Square Feet
- Lot Size: 5940.00 Square Feet
- Ownership: Freehold
- Parking Features: Open
- Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- Property Condition: Resale
- Property Sub Type: Full Duplex
- Roof: Asphalt Shingle
- Water Source: Municipal
- Zoning: RU
- Zoning Description: Multi-Family
- Sewer: Sewer To Lot
- No. of Parking Spaces: 2
Rooms:
- Bathroom Main Level
- Bathroom Main Level
- Bathroom Main Level
- Bedroom Main Level 3.05 m x 3.35 m 10 ft x 11 ft
- Bathroom Main Level
- Bedroom Main Level 3.35 m x 3.66 m 11 ft x 12 ft
- Bedroom Main Level 3.66 m x 3.66 m 12 ft x 12 ft
- Bedroom Main Level 3.05 m x 3.35 m 10 ft x 11 ft
- Kitchen Main Level 1.83 m x 5.49 m 6 ft x 18 ft
- Kitchen Main Level 1.83 m x 5.49 m 6 ft x 18 ft
Courtesy of: 2% Realty Pacific Coast Inc.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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