This versatile property presents an excellent opportunity for homeowners, investors, or developers alike. Updated throughout the main level with a modern kitchen & bathrooms, this home offers 2 bedrooms and 2 bathrooms, along with a bright and open feel across more than 1,000 sq ft on the main level. The unfinished basement provides a blank canvas, ready for you to complete to suit your needs, with excellent potential to create an additional suite. Situated on a level, fully fenced 7,128 sq ft lot, the property is zoned R8, making it an ideal holding property with strong upside for future multi-family development. Located in a convenient location close to the seawall, downtown, parks, schools, transit, and a wide range of amenities—including convenient access to the Hullo ferry and seaplane terminals—this property also enjoys ocean and city views, making it an exceptional offering. All measurements are approximate and data should be verified if important.
Features: Central Location, Easy Access, Level, Marina Nearby, Recreation Nearby, Rectangular Lot
Details
Parcel number: 009142991
Zoning: R8
Zoning description: Residential
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Frame Wood, Stucco
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Condition
Resale
New construction: No
Year built: 1945
Utilities & green energy
Water: Municipal
Community & HOA
Location
Region: Nanaimo
Financial & listing details
Price per square foot: C$673/sqft
Tax assessed value: C$524,000
Annual tax amount: C$3,565
Date on market: 4/9/2026
Ownership: Freehold
Road surface type: Paved
Brent Russell Personal Real Estate Corporation
Brent Russell Personal Real Estate Corporation
(250) 739-3633
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