Property Attributes
- ID#1049126
- TypeSingle Family
- Listing Status Active
- MunicipalityNanaimo
- CityNanaimo
- AreaNanaimo
- NeighbourhoodCentral Nanaimo
- Postal CodeV9S 2M4
- Style
- Year Built1959
- Price$ 599,900
- Bedrooms4
- Bathrooms2
- Half Bathrooms0
- Sqr Footage1957
Data Source:
Canadian Real Estate Association (CREA)
Property Description
INVESTMENT OPPORTUNITY WITH VALUE-ADD POTENTIAL! Centrally located in Nanaimo, this spacious 2,345 sq ft home on a private .18-acre lot presents an exciting opportunity for investors, renovators or buyers looking to create additional value. With generous living space, a partially finished lower level with separate entrance and potential for a secondary suite, the property offers plenty of possibilities for today and the future. Natural light fills the main level through large picture windows, highlighting hardwood floors in the inviting living room with tile-surround fireplace. The adjoining dining room flows into the kitchen with abundant cabinetry, tile flooring, backyard views, and direct access to the rear deck. A spacious primary bedroom, two additional bedrooms and a family bath complete the main floor. The lower level significantly expands the home's potential, offering a separate entrance, mudroom, laundry area, recreation room, studio/hobby space, additional bedroom and 3-piece bath. With no kitchen currently installed, there is an opportunity to explore creating a secondary suite, additional living space, home-based workspace or other improvements to suit your plans. Outside, mature trees and established landscaping provide privacy and a pleasant backyard setting with room to enjoy outdoor living. The central location adds further investment appeal, just minutes from Nanaimo Regional General Hospital, shopping, schools, parks, transit, Departure Bay Ferry and Nanaimo's waterfront. For those looking to maximize the opportunity, the adjoining R5 development lot is also available under MLS® 1049129, opening the door to an even broader investment, redevelopment or future development strategy. Purchase the home on its own or explore the potential of acquiring both properties together. Measurements are approximate and should be verified if important. (id:7434)
General Features
| Features | Central location, Level lot, Other, Marine Oriented |
|---|---|
| Property Type | Single Family |
| Zoning Description | R5 |
| ZoningType | Residential |
| Neighbourhood | Central Nanaimo |
| Building Appliances | Dishwasher, Dryer, Range - Electric, Refrigerator, Washer |
| Building Cooling Type | None |
| Parking Space Total | 2 |
| Building Type | House |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | True |
|---|---|
| Building Fireplace Total | 1 |
| Building Heating Type | Forced air |
| Building Heating Fuel | Electric |
| Living Area Range | 1957 |
| Bedrooms | 4 |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bathroom | 5-Piece | Main level | ||
| Bedroom | 11'5 x 9'11 | Main level | ||
| Dining room | 8'9 x 7'10 | Main level | ||
| Kitchen | 13'4 x 11'7 | Main level | ||
| Living room | 15'3 x 15'4 | Main level | ||
| Other | 13'3 x 11'4 | Lower level | ||
| Primary Bedroom | 12'11 x 11'7 | Main level | ||
| Recreation room | Measurements not available x 1 | Lower level | 13 ft | |
| Studio | 13'6 x 12'9 | Lower level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in V9S 2M4
In The Neighbourhood
Nanaimo
$ 835,000
- Type
- Single Family
- Size
- 2,052 SqFt
- Rooms
- 6 Beds + 3 Baths
Nanaimo
$ 549,900
- Type
- Single Family
- Size
- 981 SqFt
- Rooms
- 3 Beds + 1 Baths
Nanaimo
$ 869,900
- Type
- Single Family
- Size
- 2,985 SqFt
- Rooms
- 5 Beds + 4 Baths
Nanaimo
$ 875,000
- Type
- Single Family
- Size
- 1,890 SqFt
- Rooms
- 4 Beds + 3 Baths
Nanaimo
$ 1,099,900
- Type
- Single Family
- Size
- 1,957 SqFt
- Rooms
- 4 Beds + 2 Baths
Nanaimo
$ 735,000
- Type
- Single Family
- Size
- 1,805 SqFt
- Rooms
- 4 Beds + 2 Baths
Nanaimo
$ 789,900
- Type
- Single Family
- Size
- 2,197 SqFt
- Rooms
- 6 Beds + 3 Baths
Nanaimo
$ 749,900
- Type
- Single Family
- Size
- 1,447 SqFt
- Rooms
- 3 Beds + 1 Baths
Nanaimo
$ 749,900
- Type
- Single Family
- Size
- 1,812 SqFt
- Rooms
- 3 Beds + 2 Baths
Nanaimo
$ 699,500
- Type
- Single Family
- Size
- 2,275 SqFt
- Rooms
- 6 Beds + 2 Baths
Nanaimo
$ 849,000
- Type
- Single Family
- Size
- 2,242 SqFt
- Rooms
- 5 Beds + 3 Baths
Nanaimo
$ 599,900
- Type
- Single Family
- Size
- 1,177 SqFt
- Rooms
- 2 Beds + 1 Baths
Nanaimo
$ 640,000
- Type
- Single Family
- Size
- 1,963 SqFt
- Rooms
- 6 Beds + 2 Baths
Nanaimo
$ 758,000
- Type
- Single Family
- Size
- 1,850 SqFt
- Rooms
- 4 Beds + 3 Baths
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Last Updated: September 22, 2026 9:01 PM UTC