A rare chance to invest in a prime corner lot piece of real estate! Perfectly situated with convenient access to major routes, everyday essentials, Departure Bay Ferry Terminal, Nanaimo Regional General Hospital and many more centrally located businesses. This property presents an excellent opportunity for first time home buyers and developers. Recently rezoned to R5, the potential for a 4-plex build may exist - buyers are encouraged to verify all options independently. Whether you're envisioning a multi-unit build, a custom luxury home with an income generating suite, or a larger-scale project, this property opens the door to a range of exciting possibilities.More details
Experience the authentic charm of Downtown Nanaimo living in this character home, offering a perfect blend of stability and practical opportunity. Situated in a rising neighborhood, this property provides a functional entry for new buyers or a steady addition for seasoned investors looking for long-term value. The upper level features 2 spacious beds, a 4pc bath, and a large living area boasting ocean views. Below is a 1-bed unauthorized suite with tenants already in place. Lifestyle and convenience meet here; enjoy a 5-min walk to Deverill Square Gyro Park or a 10-min stroll to Port Place Mall. Commuting is effortless with quick access to VIU, bus routes, and the Hullo Ferry. Whether walking 20 mins to the Arts District or accessing local shopping, everything you need is part of a manageable daily routine. This home represents a sensible investment in the heart of Nanaimo where nature and city amenities are part of everyday life.More details
Practical opportunity awaits in South Nanaimo with this high-potential redevelopment lot or project home. Set back from the road, this level, easy-to-build-on property offers an ideal canvas for future development plans or hands-on project. The home features 2bd/1ba up and a 1bd/1ba lower suite—perfect for holding income while you secure your development permits. Incredible practical utility is already in place with a large workshop/garage, shed, and RV parking, catering perfectly to trades, hobbies, or storage. Located in a high-demand rental area, the location ensures effortless daily convenience close to VIU, schools, parks, transit, and downtown shops. Sold as-is, where-is, this property offers an exceptional long-term opportunity, allowing you to collect rent while finalizing your future vision.More details
Located in Nanaimo’s Old City, this 3-bedroom, 1-bathroom character home offers an affordable opportunity to enter the market and add your own updates and finishing touches over time. Inside features include original wood floors, classic trim work, high ceilings, & a spacious living room filled with natural light. The kitchen offers open shelving, island space, & a functional layout, while all three bedrooms are located on the main floor. The unfinished basement includes the washer & dryer w/laundry sink, has walkout access, & is perfect for storage. The home does require updating, making it ideal for anyone looking to build equity. Updates include a newer roof, vinyl windows, fencing, a heat pump, a gas furnace, a newer hot water tank, & 200 amp service. The fenced yard includes a cherry tree, private deck, and lane access to the detached garage/workshop w/power. Data & measurements are approximate & must be verified if important.More details
Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential.More details