44 - 1406 Jingle Pot Rd

Welcome to #44 1406 Jingle Pot Road, a stylish 1-bedroom top-floor townhouse in the sought-after Hawthorne Corner community, catering to both investors and first-time homebuyers. Boasting a prime location within walking distance to Vancouver Island University and Nanaimo's largest Recreation Centre, this residence seamlessly combines convenience with accessibility. Presently occupied by month-to-month tenants, generating a steady income of $1800 plus utilities, this townhouse stands out with the inclusion of a dedicated parking stall, and it's own private entrance, enhancing both practicality and property value. Recent upgrades, including a new hot water tank in 2019, a microwave/range hood replacement in 2023, and new carpets in 2019, add a fresh and modern touch. The tenants are due for a 3.5% rent increase in 2023, bringing monthly rent to $1865, while utility costs remain extremely reasonable with an average monthly Hydro bill of approximately $53. The internet cost of around $48.05 per month is transferable to the new owner. Beyond the property, Hawthorne Corner offers a comprehensive lifestyle, featuring an on-site restaurant and close proximity to essential services, with transit accessibility further enhancing the appeal. In summary, #44 1406 Jingle Pot Road is a unique opportunity for those seeking a stylish, convenient, and financially stable townhouse, whether stepping into homeownership or expanding an investment portfolio. Don't miss out – schedule your viewing today to envision the lifestyle and potential this townhouse holds! (id:54626)