Description
CENTRAL NANAIMO INVESTMENT & DEVELOPMENT OPPORTUNITY! A rare chance to acquire a combined .35-acre property featuring a 2,345 sq ft home plus an adjoining R5-zoned development lot. The existing home offers excellent value-add potential with hardwood floors, bright living room with tile-surround FP, dining room, kitchen with rear deck access, 3 beds & family bath on the main. The partially finished lower level has a separate entrance, mudroom, laundry, rec room, studio/hobby space, additional bed & 3-pc bath, offering potential to explore a secondary suite. Mature landscaping provides privacy, while the adjoining R5 lot creates exciting possibilities for future development, with zoning allowing up to 4 units. An appealing opportunity to renovate, hold, generate future income or explore redevelopment in a convenient location near the hospital, shopping, schools, parks & transit. Home also available separately under MLS® 1049126. Meas. approx.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1049129 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Central Nanaimo |
| Postal Code | V9S 2M4 |
| Property Taxes | $7,063.00 (2026) |
| Parking Total | 2 |
| Zoning | R5 |
| Facing | South |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Electric,Forced Air |
| Fireplaces | 1 |
| Fireplace Type | Living Room,Wood Burning |
| Appliances | Dishwasher,Dryer,Oven/Range Electric,Refrigerator,Washer |
| Interior Features | Ceiling Fan(s),Dining/Living Combo |
| Exterior Features | Balcony/Deck |
| Construction | Frame Wood,Stucco |
| Roof | Asphalt Shingle |
| Foundation | Slab |
| Basement | Partial,Partially Finished,Walk-Out Access |
| Laundry | In House |
| Listed Date | Sep 10, 2026 |
| Ownership | Freehold |
| Lot Size | 0.35 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 5-Piece | |
| Bedroom | Main level | Measurements not available x 9 ft | |
| Bedroom | Main level | 11\'5 x 9\'11 | |
| Dining room | Main level | 8\'9 x 7\'10 | |
| Kitchen | Main level | 13\'4 x 11\'7 | |
| Living room | Main level | 15\'4 x 15\'3 | |
| Primary Bedroom | Main level | 12\'11 x 11\'7 |
Building Details
Additional Information
| Features | Central location, Level lot, Other, Marine Oriented |
| Land Size | 15183 sqft |
| Land Access | Road access |
| Building Type | House |
| Interior Size | 1957 sqft |
| Transaction | For sale |