– Income Generator in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential & zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level is perfect for owner living with charming character, 2-bedrooms, 1-bath & peek-a-boo ocean views from the big back deck. Downstairs there are 4 x bdrm/studio-style rental units, each with its own entrance & 2-piece bath (no kitchens), shared laundry & shower facilities & a common room - perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest!
For sale
C$649,900
58 Pine St, Nanaimo, BC V9R 2B2
6beds
6baths
2,451sqft
Single Family Residence
Built in 1930
6,969 Square Feet Lot
$-- Zestimate®
C$265/sqft
C$-- HOA
What's special
- 74 days |
- 124 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Jenney Massey,
Pemberton Holmes Ltd. (Cow Vall),
Ally Earle Personal Real Estate Corporation,
Pemberton Holmes Ltd. (Lk Cow)
Source: VIVA,MLS®#: 1040315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Main level bathrooms: 1
- Main level bedrooms: 2
Kitchen
- Level: Main
Heating
- Heat Pump
Cooling
- Air Conditioning
Appliances
- Laundry: Inside
Features
- Flooring: Mixed
- Windows: Insulated Windows
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning Stove
Interior area
- Total structure area: 2,660
- Total interior livable area: 2,451 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, On Street, Open
- Has uncovered spaces: Yes
Features
- Levels: 1
- Entry location: Main Level
- Has view: Yes
- View description: Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 6,969 Square Feet
- Features: Landscaped
Details
- Parcel number: 008845107
- Zoning: R14
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Fibreglass Shingle
Condition
- Resale
- New construction: No
- Year built: 1930
Utilities & green energy
- Water: Municipal
Community & HOA
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$265/sqft
- Tax assessed value: C$610,000
- Annual tax amount: C$4,215
- Date on market: 6/12/2026
- Ownership: Freehold
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | C$649,900C$265/sqft |
Source: VIVA #1040315 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: City Centre
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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