Ultimate REVENUE GENERATOR in Kensington-Cedar Cottage! This prime location offers a dream lifestyle on a quiet cul-de-sac, just steps from Trout Lake Park, the community centre, and Farmers Market. Commuting is effortless with Nanaimo Skytrain only minutes away. Maximize cash flow with a versatile floor plan: a spacious 3-bed/2-bath owner’s level plus TWO…
Ultimate REVENUE GENERATOR in Kensington-Cedar Cottage! This prime location offers a dream lifestyle on a quiet cul-de-sac, just steps from Trout Lake Park, the community centre, and Farmers Market. Commuting is effortless with Nanaimo Skytrain only minutes away. Maximize cash flow with a versatile floor plan: a spacious 3-bed/2-bath owner’s level plus TWO high-yield mortgage helpers below (2-bed suite + 1-bed in-law suite). This is an investor's dream or the perfect multi-generational home. Parking is a major win with a rare 4-car capacity (double garage + double carport), a massive asset for owners and tenants. Featuring cozy radiant heating throughout, this is a turnkey opportunity for those seeking top-tier rental income. Don't miss out!
Features
Central Vacuum
Private Yard
Carport Multiple
Garage Double
Rear Access
Shopping Nearby
Room measurements14 rooms▸
Dining RoomBelow · 8'2 × 11'2
Living RoomBelow · 9'3 × 11'2
KitchenBelow · 8'2 × 11'9
BedroomBelow · 9'7 × 10'2
BedroomBelow · 9'2 × 11'4
Living RoomBelow · 5'2 × 9'9
KitchenBelow · 7'11 × 9'9
BedroomBelow · 11' × 9'9
Dining RoomMain · 7'5 × 14'
Living RoomMain · 11' × 15'7
KitchenMain · 12'4 × 9'2
BedroomMain · 8'11 × 13'8
BedroomMain · 9'5 × 11'3
BedroomMain · 9'5 × 10'
Floor plan
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Property Details
MLS NumberR3151657
Property TypeSingle Family Residence
Bedrooms6
Bathrooms4
Square Feet2,247
Lot Size3,956 sqft
Year Built1998
Parking Spaces4
HeatingNatural Gas
Days on Market27
StatusActive
Listed ByeXp Realty
School Catchment
ElementaryBeaconsfield
SecondaryGladstone
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,500,000Median home value
$91,000Median household income
55.5%Owner-occupied
20.6%Single-detached homes
2.7Avg household size
40.4Median age
40.7%Bachelor's degree or higher (25-64)
57.8%Commute under 30 min
59.7%Drive to work
43.4%Foreign-born residents
7,476Neighbourhood population
Age
Under 1513.8%
15 to 6467.8%
65 and over18.4%
Household size
1 person22.5%
231.6%
317.6%
416.3%
5 or more11.9%
Language spoken at home
47.8% English mother tongue
Cantonese19.4%
Vietnamese6%
English + other4.2%
Tagalog3.8%
Mandarin2.4%
Spanish2.4%
All others14%
Mother tongue, share of 7,295 residents.
How this pocket differs
fewer Tagalog speakers than Victoria VE 3.8% vs 5.2%
fewer Cantonese speakers than Victoria VE 19.4% vs 25%
Median dwelling value is higher than Metro Vancouver $1,500,000 vs $1,050,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Ped NaimiPersonal Real Estate Corp
Vinod BashirPersonal Real Estate Corp
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