Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential.
For sale
C$394,900
374 Nicol St, Nanaimo, BC V9R 4T4
2beds
1baths
735sqft
Single Family Residence
Built in ----
4,791 Square Feet Lot
$-- Zestimate®
C$537/sqft
C$-- HOA
What's special
One-bath homeTwo outbuildings
- 139 days
- 84
- 2
Zillow last checked:
Listing updated:
Listed by:
Ken Welte,
Sutton Group-West Coast Realty (Nan)
Source: VIVA,MLS®#: 1039143
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Kitchen
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: Inside
Features
- Flooring: Mixed
- Basement: Not Full Height
- Has fireplace: No
Interior area
- Total structure area: 735
- Total interior livable area: 735 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Other
- Has uncovered spaces: Yes
Features
- Levels: 1
- Entry location: Ground Level
Lot
- Size: 4,791 Square Feet
- Dimensions: 33 x 143
Details
- Additional structures: Workshop
- Parcel number: 008820821
- Zoning: COR1
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame Wood, Wood Siding
- Foundation: Other
- Roof: Asphalt Shingle
Condition
- Fixer,Resale
- New construction: No
Utilities & green energy
- Water: Municipal
Community & HOA
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$537/sqft
- Tax assessed value: C$427,000
- Annual tax amount: C$2,874
- Date on market: 6/3/2026
- Ownership: Freehold
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | C$394,900C$537/sqft |
Source: VIVA #1039143 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: South End
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
Similar homes
- C$525,0002 bd2 ba1k sqft37 Strickland St, Nanaimo, BC V9R 4S1For Sale
MLS ID #1044394, Leslie Mcdonnell Personal Real Estate Corporation, Royal LePage Nanaimo Realty (NanIsHwyN). VIVA - C$350,0002 bd1 ba768 sqft19 Captain Morgans Blvd, Nanaimo, BC V9R 6R1For Sale
MLS ID #1040350, Karrie Brennan Personal Real Estate Corporation, Pemberton Holmes Ltd. (Nanaimo). VIVA - C$519,0003 bd2 ba864 sqft451 Irwin St, Nanaimo, BC V9R 4X9For Sale
MLS ID #1043710, Colin Caryk, Royal LePage Nanaimo Realty (NanIsHwyN). VIVA - C$440,0002 bd1 ba767 sqft16 Treasure Trl, Nanaimo, BC V9R 6R1For Sale
MLS ID #1048656, Shelly Mcneil, Royal LePage Nanaimo Realty (NanIsHwyN). VIVA
