Description
This high potential piece of property offers a rare opportunity for investors, builders, and forward-looking buyers in a central Nanaimo location. Set on a 10,838.96 sq ft lot, this property is zoned R5 – Three and Four Unit Residential, making it an attractive option for those considering future multi-unit redevelopment, land assembly, or a strategic hold with upside. The existing home provides approximately 952 sq ft on the main floor, 640 sq ft on the second floor, plus an unfinished 919 sq ft basement, offering flexibility for renovation, rental income, or interim occupancy while planning next steps. The large parcel, strong exposure, and convenient access to amenities, transit, and major routes add to the long-term appeal. Land size is taken from BC Assessment and house measurements are approximate; buyers should verify all information if important.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1032382 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Central Nanaimo |
| Postal Code | V9S 3B1 |
| Property Taxes | $4,215.00 (2025) |
| Parking Total | 4 |
| Zoning | R5 |
| Facing | North |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Forced Air,Natural Gas |
| Fireplace Type | Wood Burning |
| Appliances | Dryer,Refrigerator,Washer |
| Exterior Features | Fencing: Partial |
| Construction | Stucco & Siding,Wood |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | Partially Finished,Walk-Out Access,With Windows |
| Laundry | In House |
| Listed Date | Apr 16, 2026 |
| Ownership | Freehold |
| Lot Size | 0.25 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 6\'7 x 7\'7 | |
| Bedroom | Main level | 9\'10 x 11\'10 | |
| Entrance | Main level | 8\'4 x 5\'9 | |
| Kitchen | Main level | 11\'7 x 10\'5 | |
| Living room | Main level | 11\'9 x 17\'7 | |
| Primary Bedroom | Main level | 11\'9 x 11\'9 |
Building Details
| Heating | Forced air |
| Heating Fuel | Natural gas |
| Stories | -1 |
| Appliances | Dryer, Refrigerator, Washer |
Additional Information
| Land Size | 10839 sqft |
| Building Type | House |
| Interior Size | 1592 sqft |
| Transaction | For sale |