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Nanaimo,BC V9R 2B2
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,451 sqft
Price per Sqft $291
MLS Listing ID 1017806
Style Main Level Entry with Lower Level(s)
Bedrooms 6
Year Built 1930
Annual Tax Amount $4,215
Tax Year 2025
Lot Size 6,969 Sqft
Property Sub-Type Single Family Detached
Property Description
Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo's historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), shared laundry and shower facilities and common room, perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest!
Location
Province BC
County Nanaimo, City Of
Area Na Old City
Zoning SFD
Rooms
Kitchen 1
Interior
Heating Heat Pump
Cooling Air Conditioning
Flooring Mixed
Fireplaces Number 1
Fireplaces Type Living Room,Wood Stove
Laundry In House
Exterior
Parking Features Driveway,On Street,Open
View Y/N Yes
View Mountain(s),Ocean
Roof Type Fibreglass Shingle
Building
Lot Description Landscaped
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood,Insulation: Ceiling,Insulation: Walls,Vinyl Siding
Others
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs