For sale

C$669,000

619 Pine St, Nanaimo, BC V9R 2C7

5beds

2baths

2,093sqft

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Single Family Residence

Built in 1955

8,712 Square Feet Lot

$-- Zestimate^®

C$320/sqft

C$-- HOA

What's special

Original hardwood floorsCoved ceilingsAbundant natural lightOversized primary bedroomPrivate south-facing deckFenced backyardNewer roof

Investor opportunity in Nanaimo’s historic Chinatown neighbourhood offering strong current rental income and long-term redevelopment potential. The property generates $3,600/month ($43,200/year) with month-to-month tenants who wish to remain. The generous 9,300 sq. ft. lot and R8 zoning provide substantial future potential, while the character home offers immediate rental appeal. Features include original hardwood floors, coved ceilings, abundant natural light, a bright kitchen with southern Mt. Benson views, spacious living areas, an oversized primary bedroom, and a well-finished 3-bedroom lower suite. Enjoy a private south-facing deck and fenced backyard, plus recent updates including a newer roof, windows, and furnace. Conveniently located near shopping, schools, and transportation. Strong income today. Significant land and redevelopment potential for tomorrow. Measurements approximate; buyer to verify.

15 hours
18
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 2

Kitchen

Level: Main,Lower

Heating

Electric, Forced Air, Natural Gas

Cooling

None

Appliances

Included: Dryer, Oven/Range Gas, Range Hood, Refrigerator, Washer
Laundry: Common Area, Inside

Features

Breakfast Nook, Dining Room, Dining/Living Combo, Eating Area, Soaker Tub, Workshop
Flooring: Mixed
Windows: Insulated Windows, Vinyl Frames, Window Coverings
Basement: Finished,Full,Walk-Out Access,With Windows
Has fireplace: No
Fireplace features: Roughed-In

Interior area

Total structure area: 2,316
Total interior livable area: 2,093 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, On Street, Open
Has uncovered spaces: Yes

Features

Levels: 2
Entry location: Main Level
Exterior features: Garden, Low Maintenance Yard
Fencing: Full
Has view: Yes
View description: City, Mountain(s)

Lot

Size: 8,712 Square Feet
Features: Central Location, Cul-De-Sac, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Landscaped, Level, Park Setting, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure

Details

Additional structures: Shed(s)
Parcel number: 005306949
Zoning: R-8
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: West Coast
Property subtype: Single Family Residence

Materials

Insulation: Ceiling, Insulation: Walls, Vinyl Siding
Foundation: Slab
Roof: Asphalt Shingle

Condition

Fixer,Resale
New construction: No
Year built: 1955

Utilities & green energy

Water: Municipal
Utilities for property: Cable Available, Electricity Connected, Garbage, Natural Gas Connected, Phone Available, Recycling, Underground Utilities, Sewer Connected