For sale

C$699,000

532 Prideaux St, Nanaimo, BC V9R 2N7

3beds

2baths

1,334sqft

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Single Family Residence

Built in 1910

8,712 Square Feet Lot

$-- Zestimate^®

C$524/sqft

C$-- HOA

What's special

Family-friendly layoutPrivate exterior balconyTownhouse-style entryLimited ocean viewsAttractive floorplans

This downtown Nanaimo property offers a rare opportunity for small to mid-scale developers entering the multi-family market. While currently generating rental income as a single-family home, its true value lies in the approved development permit for a fourplex with four three-bedroom units. Each unit features a family-friendly layout, private exterior balcony, and townhouse-style entry. Two units will enjoy limited ocean views. This design balances privacy and community—features today’s buyers value. New three-bedroom builds are scarce in Nanaimo, making this project especially appealing. It meets all required parking and exemplifies “missing middle” housing by delivering practical density without sacrificing livability. With approvals in place and attractive floorplans, this is an excellent build-to-sell or build-to-hold opportunity in a market with high demand and low supply. Measurements Approx. Verify if important.

59 days

51

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

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: 2,668
Total interior livable area: 1,334 sqft

Property

Parking

Total spaces: 4
Parking features: Driveway
Has uncovered spaces: Yes

Features

Entry location: Main Level
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean

Lot

Size: 8,712 Square Feet

Details

Parcel number: 008519501
Zoning: R15
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Resale
New construction: No
Year built: 1910

Utilities & green energy

Water: Municipal

Community & HOA

Location

Region: Nanaimo

Financial & listing details

Price per square foot: C$524/sqft
Tax assessed value: C$512,000
Annual tax amount: C$3,291
Date on market: 5/14/2026
Ownership: Freehold

Kelly Whitton Personal Real Estate Corporation

(250) 933-5333

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