Description
Opportunity awaits with this versatile Nanaimo property offering excellent redevelopment and investment potential. Situated on 2 separately titled lots with COR1 zoning, this unique offering opens the door to a variety of residential and commercial possibilities in a desirable central location.
The existing 3-bedroom home offers a solid opportunity for renovation, ideal for buyers looking to update and create a comfortable residence while benefiting from the property's long-term upside.
A large detached workshop adds exceptional value, perfect for hobbyists, or anyone needing substantial workspace separate from the home.
With 2 legal lots and COR1 zoning, the property presents redevelopment or mixed-use potential (buyer to verify with the City of Nanaimo).
Conveniently located close to amenities, transportation routes, and the Hospital, this is an opportunity to secure a flexible property with multiple paths for future value.
Measurements are approximate, verify if important.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1028900 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Central Nanaimo |
| Postal Code | V9S 2J2 |
| Property Taxes | $3,745.00 (2025) |
| Garage Spaces | 3 |
| Parking Total | 4 |
| Zoning | COR1 |
| Facing | South |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Oil,Mixed |
| Fireplaces | 1 |
| Fireplace Type | Wood Stove |
| Appliances | Dryer,F/S/W/D,Oven/Range,Refrigerator,Washer |
| Interior Features | Dining Room,Workshop |
| Exterior Features | Fencing: Partial,Garden |
| Construction | Vinyl Siding |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | Partially Finished,Walk-Out Access,With Windows |
| Laundry | In House |
| Listed Date | Mar 16, 2026 |
| Ownership | Freehold |
| Lot Size | 0.17 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 9 ft x 9 ft | |
| Bedroom | Main level | 11 ft x 11 ft | |
| Dining room | Main level | 12 ft x 9 ft | |
| Kitchen | Main level | 12 ft x 9 ft | |
| Living room | Main level | 12 ft x 12 ft | |
| Primary Bedroom | Main level | 11 ft x 12 ft |
Building Details
| Heating Fuel | Oil, Other |
| Stories | -1 |
| Appliances | Refrigerator, Stove, Washer, Dryer |
Additional Information
| Features | Central location, Corner Site, Other |
| View | City view, Mountain view |
| Land Size | 7405 sqft |
| Building Type | House |
| Interior Size | 1283 sqft |
| Transaction | For sale |