Investment opportunity! 2 full up down duplexes located on a level 1.2 acres in Cedar. This property offers great income earning potential and is located within walking distance of Cedar’s amenities. All 4 tenants are on a month-to-month tenancy. 1922 is up-down mobile home duplex - 1922A is a vacant 4 bd, 2 ba unit. 1922B is a 3 bd, 2 ba unit that was fully renovated in 2018 where the tenant is paying $1369/month + utilities & gas. 1924 & 1926 are both 2 bd, 1 ba units. 1924 is the lower unit of the original duplex on the property and is a tenant who has been occupying this space for 34 years. Tenant pays $831/month + util. The upper unit in this dwelling is 1926 and this tenant is currently paying $947/month + util. All units have their own laundry facilities & private entrances. The tenants in 1924 & 1926 share the use of the detached carport/wrkshp. New Septic installed Dec 2023 for 1924/1926. Verifiy msmnts & data if important
Property Type:
Residential
Type:
Full Duplex
Year built:
1952
(Age: 74)
Living Area:
4,392 sq. ft.408 m2
Listing General Location:
Na Cedar, Nanaimo
Bedrooms:
11
Bathrooms:
6.0
(Full:-/Half:-)
Lot Size:
1.2 acre(s)0.49 hectare(s)
Kitchens:
4
Taxes:
$3,645.72 /
2024
Construction:
Insulation All
New Construction:
No
Basement:
Finished
Foundation:
Slab
Electricity:
Yes
Roof:
Fibreglass Shingle
Other Structures:
Storage Shed, Workshop
Floor finish:
Mixed
Total Building Area:
4,392 sq. ft.408 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
11
# Main Level Bedrooms:
3
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
4
# Other Level Bedrooms:
2
# Main Level Bathrooms:
2
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
1
# Main Level Kitchens:
1
# Second Level Kitchens:
1
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
1
Living Area Lower Floor:
1,392 sq. ft.129 m2
Living Area Main Floor:
1,388 sq. ft.129 m2
Living Area Other Floor:
806 sq. ft.74.9 m2
Living Area 2nd Floor:
806 sq. ft.74.9 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Wood Burning
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Septic System
Cooling:
Air Conditioning
Heating:
Electric, Natural Gas
Fireplace:
Yes
Pending Date:
Apr 04, 2025
Date Sold:
Apr 30, 2025
Insulated Windows
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Bedroom
13'3"4.04 m × 9'1"2.77 m
Main Floor
Bedroom
12'2"3.71 m × 9'7"2.92 m
Main Floor
Kitchen
17'3"5.26 m × 17'5.18 m
Main Floor
Living Room
23'7.01 m × 12'10"3.91 m
Main Floor
Bedroom
12'3.66 m × 10'10"3.30 m
Main Floor
Laundry
9'7"2.92 m × 5'9"1.75 m
Main Floor
Storage
4'7"1.40 m × 3'9"1.14 m
2nd Floor
Living Room
15'4.57 m × 14'10"4.52 m
2nd Floor
Kitchen
11'1"3.38 m × 8'5"2.57 m
2nd Floor
Bedroom - Primary
11'4"3.45 m × 11'3"3.43 m
2nd Floor
Laundry
7'5"2.26 m × 7'2.13 m
2nd Floor
Bedroom
10'9"3.28 m × 9'7"2.92 m
Lower Level
Living Room
19'7"5.97 m × 11'8"3.56 m
Lower Level
Kitchen
16'3"4.95 m × 11'3.35 m
Lower Level
Dining Room
19'7"5.97 m × 11'8"3.56 m
Lower Level
Bedroom
9'8"2.95 m × 9'1"2.77 m
Lower Level
Bedroom
11'8"3.56 m × 7'2"2.18 m
Lower Level
Bedroom
11'8"3.56 m × 8'4"2.54 m
Lower Level
Bedroom - Primary
11'3"3.43 m × 8'10"2.69 m
Lower Level
Laundry
7'4"2.24 m × 5'8"1.73 m
Other
Living Room
15'4.57 m × 14'10"4.52 m
Other
Kitchen
11'1"3.38 m × 8'5"2.57 m
Other
Bedroom
10'9"3.28 m × 9'7"2.92 m
Other
Bedroom - Primary
11'4"3.45 m × 11'3"3.43 m
Other
Laundry
7'5"2.26 m × 7'2.13 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2-Piece
Main Floor
No
4
4-Piece
2nd Floor
No
4
4-Piece
Lower Level
No
4
4-Piece
Lower Level
No
2
2-Piece
Other
No
4
4-Piece
Financing Notes:
3.5% on 1st 100K 1.5% on BAL if physical introduction, otherwise 1.75% on 1st 100K 0.75% on BAL
Assessed:
848000.0
Assessment year:
2025
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
LOT 12, PLAN VIP7914, SECTION 13, RANGE 1, CEDAR LAND DISTRICT, MANUFACTURED HOME REG.# Z01471
MHR Number:
Z01471
Number of 2 piece baths:
2
Number of 3 piece baths:
0
Number of 4 piece baths:
4
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Utilities:
Compost, Electricity Connected, Garbage, Natural Gas Connected, Recycling