See the mountains from your living room. This recently updated 6-bedroom home is located in central Nanaimo and offers an excellent opportunity for both homeowners and investors. Situated on a quarter-acre double lot with lane access, this is a rare find in Nanaimo. Neighbouring lots have already been subdivided, and the property presents strong redevelopment potential for multiplex or multifamily use. The home was renovated in 2018, including all new appliances. Recent updates include interior paint, a new roof, a new hot water tank, and more. Ideally located just minutes from Nanaimo Regional General Hospital and Vancouver Island University, the property is well positioned to attract both professionals and students. It is also conveniently located near both ferry terminals, with easy access to parks, shops, and other amenities. The property can be rented immediately for an impressive 5% cap rate. Plumbing is already in place downstairs, allowing for the addition of a secondary suite. (id:47421)
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Detailed Information
Bedrooms
6
Bathrooms
2
Features
Central location, Southern exposure, Other
Listing Contract Date
2026-02-16
Municipal ID
002-665-760
Ownership Type
Freehold
# of Parking Spaces
4
Plan
VIP18612
Property Type
Single Family
Transaction Type
For sale
Views
Mountain view
Zoning Description
R5
Zoning
Residential
Building
Appliances
Dryer, Stove, Refrigerator, Washer
Constructed Date
1967
Cooling Type
None
Fireplace Present
Yes
# of Fireplaces
1
Heating Type
Baseboard heaters
Type
House
Rooms
Room
Level
Dimensions
Notes
Laundry room
Lower level
11'8 x 10'10
Bathroom
Lower level
9'0 x 6'0
Bedroom
Lower level
9'0 x 12'7
Bedroom
Lower level
10'11 x 12'8
Bedroom
Lower level
9'2 x 10'0
Bathroom
Main level
9'11 x 14'0
Bedroom
Main level
9'11 x 14'0
Bedroom
Main level
11'6 x 10'0
Bedroom
Main level
11'7 x 13'2
Kitchen
Main level
15'3 x 10'0
Dining room
Main level
10'2 x 10'4
Living room
Main level
14'6 x 17'3
Entrance
Other
6'3 x 4'11
Land
Total Size
10312 square feet
Size of Irregular Land
10312
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