For sale

C$394,900

374 Nicol St, Nanaimo, BC V9R 4T4

2beds

1baths

735sqft

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Single Family Residence

Built in ----

4,791 Square Feet Lot

$-- Zestimate^®

C$537/sqft

C$-- HOA

What's special

One-bath homeTwo outbuildings

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.

47 days

76

0

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

Ken Welte

(250) 751-5630

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