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395 Chesterlea Ave
Na University District Nanaimo V9R 4B2

$899,000
Residential beds: 3 baths: 2.0 1,918 sq. ft. built: 1970

Front of Main Home
Photo 1: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 2: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 3: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 4: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 5: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 6: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 7: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 8: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 9: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 10: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 11: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 12: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 13: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 14: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 15: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 16: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 17: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 18: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 19: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 20: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 21: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 22: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 23: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Photo 24: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
Status:
Active
Prop. Type:
Residential
MLS® Num:
1013684
Bedrooms:
3
Bathrooms:
2
Year Built:
1970
This exceptional opportunity features a main house with two self-contained 2-bedroom suites; one on the main level and one on the lower level. Both are rented to excellent tenants and generating steady income. At the rear, the laneway house is already built with a living room, dining area, TV space, full kitchen, and bathroom on the main floor. The upper floor is fully approved for a custom-designed 3-bedroom suite. All permits and plans are in place, ready for you to complete to your taste. Projected rental income for the laneway is $2,700–$3,100 per month, in addition to the solid rental income from the two suites in the main home. ?? The laneway home is available for viewing now, while the tenanted suites in the main house can be shown with serious inquiries only. An absolute gem for investors seeking cash flow, growth potential, and flexibility in a prime location! All data and measurements are approximate and must be verified if fundamental.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1970 (Age: 55)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,918 sq. ft.
Listing General Location:
Na University District, Nanaimo
Bedrooms:
3
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
6,000 sq. ft.
Kitchens:
2
Taxes:
Construction:
Brick, Frame Wood, Stucco, Wood
New Construction:
No
Basement:
Finished, Full
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
1,918 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# 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:
956 sq. ft.
Living Area Main Floor:
962 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
2
Fireplace Details:
Family Room, Living Room, Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
Exists
Cooling:
None
Heating:
Forced Air, Oil
Fireplace:
Yes
Warranty:
No
Pending Date:
F/S/W/D
Wine Storage, Workshop
Balcony/Patio, Garden
Split Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R1
Accessibility:
Primary Bedroom on Main
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
1
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
East
Layout:
Split Entry
Lot Site Features:
Central Location, Landscaped, Recreation Nearby, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Detached, Driveway, Garage Double, On Street
Total Parking Spaces:
4
Road Frontage Type:
Lane
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 11, 2025
Original Price:
899000.0
  • Photo 1: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Front of Main Home
  • Photo 2: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Back of Main Home
  • Photo 3: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Front Entry for upper level
  • Photo 4: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Main-Kitchen
  • Photo 5: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Main-Kitchen
  • Photo 6: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Main-Kitchen
  • Photo 7: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Main-Living
  • Photo 8: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Main-Living
  • Photo 9: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Suite-Kitchen
  • Photo 10: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Suite-Living
  • Photo 11: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Suite-Living
  • Photo 12: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Suite-Bedroom
  • Photo 13: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Suite-Hall
  • Photo 14: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Suite-Bedroom
  • Photo 15: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Suite-Laundry
  • Photo 16: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Laneway Garage
  • Photo 17: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Laneway Garage
  • Photo 18: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Garage entry area
  • Photo 19: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Garage entry area
  • Photo 20: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    Garage living area
  • Photo 21: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    garage kitchen area
  • Photo 22: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    garage living area
  • Photo 23: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    garage bathroom
  • Photo 24: 395 Chesterlea Ave in Nanaimo: Na University District Single Family Residence for sale : MLS®# 1013684
    rear area of home and garage
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated September 16, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$719,900
Min list price:
$239,900
Max list price:
$2,969,000
Avg days on market:
68
Min days on market:
4
Max days on market:
238
Avg price per sq.ft.:
$398.79
These statistics are generated based on the current listing's property type and located in Na University District. Average values are derived using median calculations. This data is not produced by the MLS® system.
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