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. (id:2493)More details
Welcome to 40 Irwin, where 1930s character, ocean views and the convenience of downtown Nanaimo come together! This charming 2-bedroom, 1-bathroom home offers an inviting place to begin homeownership, simplify your lifestyle or add to your investment portfolio. Step into a sunny living room filled with natural light, creating a warm welcome and a comfortable spot to unwind. The functional kitchen offers plenty of cabinet space, brand-new countertops and a breakfast bar for casual meals or coffee with a friend. Sliding glass doors lead to the rear deck and backyard, extending your living space outdoors. Bring your favourite potted plants, set up a cozy seating area and enjoy a little outdoor space of your own. Both bedrooms, the 4-piece bathroom and laundry are conveniently located on the main level. Recent updates include a new fridge, washer and dryer, a newer stove, an updated bathroom surround and vanity, and brand-new kitchen countertops. Freshly stained front and rear stairs add a welcoming touch, and the roof is approximately 13 years old. The completely unfinished lower level provides useful storage space for bikes, seasonal items and hobbies, with room to explore a workshop setup or bring your own creative ideas. Enjoy easy access to downtown shops, local restaurants, Port Place Mall and transit. Nanaimo's scenic waterfront walkway and the Hullo passenger ferry are nearby, while Vancouver Island University and recreation facilities are within easy reach. From waterfront strolls to everyday errands, this central location keeps you connected to the best of city living. With its vintage personality, practical layout and opportunity to make it your own over time, 40 Irwin is a delightful place to put down roots. All data and measurements are approximate and should be verified if important. (id:2493)More details
Court ordered sale. Sold as is, where is. A 1974 split entry of 1,746 sq ft, four bedrooms and two baths over two levels, on an approximately 7,500 sq ft corner lot in established South Nanaimo, close to Colliery Dam Park, walking trails, schools and Vancouver Island University. The 2026 BC Assessment is $667,000. Zoned R5 for three and four Unit Residential. Buyers to confirm any development potential with the City of Nanaimo. The home requires comprehensive renovation, including roof replacement and full interior restoration. No Property Disclosure Statement. All contents remain in place, are not included in the sale, and their removal is the buyer's responsibility. All showings accompanied. Schedule A (Court Ordered Sale) must accompany all offers. Please refer to it when writing. Measurement is approximate. (id:2493)More details
This one is NOT for the faint of heart but it’s a heck of a development opportunity! Just around the corner from the historic Nob Hill park, adjacent the old city quarter and just minutes away from every transportation option to the mainland you’ll find 528 Hecate St. Sitting on a 6,336 sq ft corner lot with R15 Old City Medium Density Residential zoning in place, this property opens the door for redevelopment ideas in an area that continues to evolve. Although the current home has been boarded up for safety, the opportunity here is all about the land, location, and future potential. A demolition quote is available for buyers looking to start fresh. If bringing this 1911 home back to life IS possible there’s currently over 2,800 square feet of structure on site plus an additional unauthorized dwelling at the rear of the property. This is definitely a project… but for the right buyer, builder, or developer, there may be an exciting opportunity to reimagine this property entirely. (id:2493)More details
With R14 zoning & outstanding redevelopment potential, this property presents an exciting opportunity for builders, investors, & forward-thinking buyers alike. The site offers the flexibility for a variety of multi-family concepts, including modern townhomes, stacked units, or ocean-view residences designed to maximize the setting. Street & alley access further enhance the development possibilities, making this a rare chance to secure a property with significant future upside. Complementing the potential is a charming, updated single-family home that is move-in ready for immediate enjoyment or rental income. Recent improvements include new flooring, fresh paint, & refreshed bathrooms, creating a bright and welcoming living space filled with character. Whether you’re looking for a comfortable home, a holding property, or your next development project, this property offers exceptional versatility and value. Measurements are approximate and should be verified if important. (id:2493)More details
Freehold home ownership awaits at this cozy 1 bedroom 1 bathroom home set on a sprawling 0.30 acre lot just a 5 minute walk from Departure Bay Beach. Backing on to Woodstream Park and the trails of Departure Creek this home offers privacy and immediate access to the nature and beauty of Vancouver Island. With a fully fenced yard, beautifully landscaped garden and a well maintained garden/storage shed, this home is ready for summer living. The home itself offers stainless steel appliances, gas fireplace, stacker washer/dryer and a bright welcoming feel with an abundance of natural light. The property has ample opportunity for expansive renovation or addition to the home for the right person with the right vision. Measurements are approx and must be verified if important (id:2493)More details
Located in Nanaimo’s downtown core, this two-level home offers character, versatility and plenty of downtown charm. The main level features a skylit eat-in kitchen, two bedrooms and an updated four-piece bathroom. The under-height lower level includes a self-contained two-bedroom unauthorized suite with a private entrance, offering excellent income potential. Outside, enjoy a garden area, laneway access and a large west-facing deck with plenty of storage below. Situated on a 3,485 sq ft lot, DT12 zoning allows for a range of potential uses, including commercial opportunities. Shopping, recreation, restaurants and other downtown amenities are all close at hand. A great opportunity for homeowners or investors looking for added value and income potential. All data and measurements are approximate and should be verified if fundamental. (id:2493)More details
Zoned R8 - High Density Multi-Story Residential. This property offers significant LAND ASSEMBLY POTENTIAL with favorable neighboring interest. Positioned in a rapidly developing urban core, this site is a prime candidate for a larger-scale multi-unit project beyond its individual lot size. Holding income available while you navigate the development process. Contact Listing Agent for a detailed strategic development package and potential assembly options. (id:2493)More details
Room to grow and space to unwind in this freestanding three-bedroom, two-bathroom home. A large, modern kitchen with stainless steel appliances offers plenty of room for everyday cooking and entertaining, while oversized bedrooms provide a comfortable retreat. Enjoy a fully fenced yard and plenty of green space for outdoor play, gardening, or simply relaxing. Vinyl windows and new gutters and fascia add to the home’s appeal. Located between an elementary school and a high school. Walking distance to all amenities, close to VIU, and on a bus route, this home offers everyday convenience in an ideal setting for a growing family or retiree. (id:2493)More details
Welcome to your charming haven! This delightful 3-bedroom, 1-bath home is a canvas ready for your creative touch. Imagine serene mornings in a cozy space featuring a spacious walk-up attic—perfect for your unique ideas. Step outside to a huge deck where you can soak in breathtaking ocean views, the ideal spot for evening gatherings or sunset watching with loved ones. For hobbies, the property boasts an impressive over-height shop equipped with 220 power, a ceiling-mounted hoist, and a 170-volt air compressor—everything you need to bring your visions to life! Stay cozy year-round with radiant heat from the natural gas boiler and enjoy peace of mind with a new hot water tank. Your style will shine through with some aesthetic updates while building valuable sweat equity. Plus, a charming 500+ sq ft carriage house generates $900/month from a long-term tenant, creating a fantastic mortgage offset. Don’t miss this chance—come visit, fall in love, and make this home yours today! (id:2493)More details
Set in a central Nanaimo neighbourhood and only a few doors from Mansfield Park, this 981 sq. ft. rancher keeps everyday living uncomplicated. The home has three bedrooms, one bathroom, an eat-in kitchen and laundry all on one level. Fresh paint and recent kitchen updates have given the interior a refresh without taking away its straightforward character. Practical improvements include a roof replaced in 2010, windows updated in 2017 and a heat pump installed in 2025 for both heating and cooling. The fenced backyard has vehicle access and enough room for gardening, storage, pets or future ideas. (id:2493)More details
Opportunity meets flexibility with this updated character home on a generous 7,986 sq ft R5-zoned lot in the heart of South Nanaimo. Whether you're looking for a place to call home, an investment property, or a site with future redevelopment potential, this property offers exceptional value in a central location close to schools, shopping, transit, parks, and downtown amenities. The home has been thoughtfully updated over the years while maintaining the charm and character that make older homes so appealing. High ceilings create an open, airy feel well beyond the home's footprint, while large windows bring in plenty of natural light. The functional floor plan offers comfortable everyday living with spacious principal rooms and an unfinished basement providing excellent storage, workshop space, or future possibilities. Outside, the nearly 8,000 sq ft lot offers room to garden, entertain, or simply enjoy the privacy of a larger in-town property. The R5 zoning adds another layer of appeal, providing flexibility for buyers looking toward future development or redevelopment opportunities (buyers to verify with the City of Nanaimo). This property represents a rare combination of affordability, lot size, zoning, and location. Move in and enjoy the home today while preserving future options for tomorrow. Whether you're a first-time buyer, investor, downsizer seeking land, or someone looking for a property with long-term upside, 37 Strickland offers an opportunity that's becoming increasingly difficult to find in today's market. (id:2493)More details