Positioned in a rapidly developing area with sought-after R-14 zoning, this property offers an exceptional opportunity for multifamily or infill development. Whether you’re planning a duplex, triplex, or a creative small-scale project, the flexibility of this site makes it an ideal investment in one of Nanaimo’s most accessible neighbourhoods. The existing 3-bdrm, 2-bath character home provides immediate rental or holding value while future plans take shape. Brimming with natural light and original charm, it features a spacious layout and comfortable primary suite—perfect for those who appreciate vintage appeal with modern convenience. Located just steps from Superette Foods, the downtown bus station, and Nanaimo’s vibrant core, residents will enjoy walkable access to shops, daily amenities, and the scenic waterfront.
Data was last updated November 23, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
57
Avg list price:
$569,900
Min list price:
$249,900
Max list price:
$1,190,000
Avg days on market:
80
Min days on market:
2
Max days on market:
348
Avg price per sq.ft.:
$522.56
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by the MLS® system.