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
A great opportunity in a quiet, established neighbourhood with plenty of room to make the property your own. This 2-bedroom, 1-bathroom home sits on a spacious 5,200+ sq ft lot and offers 697 sq ft of efficient living space. The home provides a practical starting point for first-time buyers, downsizers, investors, or anyone looking for a project with long-term potential. The existing layout is comfortable and functional, while the property itself offers plenty of flexibility for future improvements, personalization, or redevelopment plans. Outside, the generous lot is easy to maintain and includes a handy storage shed for tools, equipment, or extra belongings. Conveniently located near schools, shopping, and everyday amenities, you'll have the essentials close by while still enjoying a peaceful residential setting. With a combination of affordability, a sizeable lot, and future potential, this property is worth a look for anyone searching for a unique opportunity.More details
Attention investors, retirees and students! Here’s a rare opportunity to own a detached character home near downtown Nanaimo with low carrying costs and future potential. Located in the Old City area, planning policies support a mix of residential uses along with potential small-scale business or professional office uses, subject to City approval. Recent updates include updated windows throughout most of the home, and roof and gutter cleaning earlier this year. This home has been very well taken care of and is available fully furnished. Enjoy being close to VIU, downtown shopping, restaurants, cafes, the waterfront seawall, parks, transit, ferries and float plane service. The fenced backyard offers a storage shed and easy-care outdoor space. Quick possession is possible. All measurements are approximate and should be verified if important. Buyers should independently verify zoning, permitted uses and development potential with the City of Nanaimo.More details