This high potential piece of property offers a rare opportunity for investors, builders, and forward-looking buyers in a central Nanaimo location. Set on a 10,838.96 sq ft lot, this property is zoned R5 – Three and Four Unit Residential, making it an attractive option for those considering future multi-unit redevelopment, land assembly, or a strategic hold with upside. The existing home provides approximately 952 sq ft on the main floor, 640 sq ft on the second floor, plus an unfinished 919 sq ft basement, offering flexibility for renovation, rental income, or interim occupancy while planning next steps. The large parcel, strong exposure, and convenient access to amenities, transit, and major routes add to the long-term appeal. Land size is taken from BC Assessment and house measurements are approximate; buyers should verify all information if important.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1948
(Age: 78)
Living Area:
1,592 sq. ft.148 m2
Listing General Location:
Na Central Nanaimo, Nanaimo
Bedrooms:
4
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
10,839 sq. ft.1,007 m2
Kitchens:
1
Taxes:
$4,215 /
2025
Building Features:
Basement
Construction:
Stucco & Siding, Wood
New Construction:
No
Basement:
Partially Finished, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Asphalt Shingle
Total Building Area:
2,511 sq. ft.233 m2
Total Unfinished Area:
919 sq. ft.85.4 m2
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
919 sq. ft.85.4 m2
Living Area Main Floor:
952 sq. ft.88.4 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
640 sq. ft.59.5 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Forced Air, Natural Gas
Fireplace:
No
Dryer, Refrigerator, Washer
Fencing: Partial
Main Level
0
Yes
No
Unrestricted
Floor
Type
Dimensions
Other
Main Floor
Entrance
8'4"2.54 m
x
5'9"1.75 m
Main Floor
Bedroom
11'10"3.61 m
x
9'10"3.00 m
Main Floor
Living Room
17'7"5.36 m
x
11'9"3.58 m
Main Floor
Bedroom - Primary
17'3"5.26 m
x
17'3"5.26 m
Main Floor
Kitchen
11'7"3.53 m
x
10'5"3.18 m
2nd Floor
Bedroom
11'9"3.58 m
x
10'4"3.15 m
2nd Floor
Other
14'4.27 m
x
6'8"2.03 m
2nd Floor
Bedroom
11'7"3.53 m
x
10'2"3.10 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'7" x 6'7" 4-Piece
2nd Floor
No
3
13'3" x 3'5" 3-Piece
Assessed:
627000.0
Assessment year:
2026
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 1, SECTION 17, RANGE 8, MOUNTAIN DISTRICT, PLAN 46492
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