A rare chance to invest in a prime corner lot piece of real estate! Perfectly situated with convenient access to major routes, everyday essentials, Departure Bay Ferry Terminal, Nanaimo Regional General Hospital and many more centrally located businesses. This property presents an excellent opportunity for first time home buyers and developers. Recently rezoned to R5, the potential for a 4-plex build may exist - buyers are encouraged to verify all options independently. Whether you're envisioning a multi-unit build, a custom luxury home with an income generating suite, or a larger-scale project, this property opens the door to a range of exciting possibilities. (id:2493)More details
Practical opportunity awaits in South Nanaimo with this high-potential redevelopment lot. Set back from the road, this level, easy-to-build-on property offers an ideal canvas for future development plans. The home features 2bd/1ba up and a 1bd/1ba lower suite—perfect for temporary rental income while you secure your development permits. Incredible practical utility is already in place with a large workshop/garage, shed, and RV parking, catering perfectly to trades, hobbies, or storage. Located in a high-demand rental area, the location ensures effortless daily convenience close to VIU, schools, parks, transit, and downtown shops. This property offers an exceptional long-term opportunity, allowing you to collect rent while finalizing your future vision. Scheduled visits only. (id:2493)More details
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
Single family home for the price of a condo! 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 sizable lot, and future potential, this property is worth a look for anyone searching for a unique opportunity. (id:2493)More details
Charming ocean-view 2-bedroom, 1-bathroom character home in a prime location just steps from the Hullo ferry and Port Place Mall. Enjoy the convenience of walkable shopping, dining, and transit, all while taking in beautiful ocean views. The home offers a functional layout with bright living spaces, ideal for first-time buyers, downsizers, or investors. The unfinished basement provides excellent potential for storage, a workshop, or future living space. A rare opportunity to own a character home in such a central and connected location with a view—don’t miss out! Data and measurements are approximate and should be verified if important. (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
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
Don’t miss this lovely, rancher-style home in the heart of central Nanaimo, close to all the amenities to live the perfect island life. Minutes away from the Nanaimo Regional General Hospital, this home offers a functional layout and a fully fenced yard space for you and your pets to enjoy. Experience beautiful sunrises in the morning and copious amounts of sunshine in the afternoon from the west-facing property. Schools, shopping, and parks are all within walking distance of this centrally located home. The beach, ferries, and downtown are a five-minute drive from your front door. Easy access from Waddington Road, or via the back laneway, provides extra parking and privacy. Don’t miss your opportunity to live in one of the best communities in Nanaimo. (id:2493)More details
Listed by REMAX Professionals (NA) and eXp Realty (NA)
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
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
This three-storey home offers ocean views and is ideally situated with convenient lane access and plenty of parking. With two separate titled lots, there is development potential to build an additional dwelling on the second lot, details to be confirmed with the City of Nanaimo. A site survey is available. The main level features a spacious front living room and a functional kitchen with an adjoining eating area, along with two comfortable bedrooms and a four-piece bathroom. Upstairs, you’ll find a third bedroom and a den—perfect for a home office or creative space. The unfinished basement includes a workshop area and provides excellent storage or potential for future development. For more info see the 3D tour, video, and floor plan. All data and measurements are approximate and must be verified if fundamental. (id:2493)More details