Investor Alert in Nanaimo’s Old City! Don’t miss this rare investment opportunity in the heart of Nanaimo’s historic Old City. This 7-bedroom property offers incredible rental potential, perfect for multi-family living or generating strong rental income. Inside, you’ll find updated electrical and plumbing for peace of mind, plus a shared laundry space for convenience. Outside, enjoy a large back deck with stunning views of Mount Benson—the perfect spot to unwind after a long day. Situated on a 10,494 square foot lot with lane access and just minutes from Vancouver Island University, downtown amenities, and transit, this property offers unbeatable location and functionality. Whether you’re an investor or looking for a home with multiple income streams, this one checks all the boxes! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Total Living Area:
3,404 sq. ft.316 m2
Finished Area Above Grade:
3,231 sq. ft.300 m2
Zoning:
Duplex
Taxes:
$4,816 /
-
Community:
Old City
View:
Mountain view
Structure Type:
House
Bedrooms:
7
Bathrooms:
4.0
Cooling:
None
Fireplace:
No
Heating:
Baseboard heaters, Forced air, Electric, Natural gas
Lot Size:
10,494 sq. ft.975 m2
Lot Details:
10494
Total Parking Spaces:
2
Floor
Type
Size
Other
Lower level
Bedroom
11'8"3.56 m × 9'7"2.92 m
-
Lower level
Entrance
6'7"2.01 m × 4'3"1.30 m
-
Lower level
Living room
23'7.01 m × 13'8"4.17 m
-
Lower level
Kitchen
17'8"5.38 m × 5'1.52 m
-
Lower level
Bedroom
13'9"4.19 m × 7'1"2.16 m
-
Lower level
Laundry room
14'4"4.37 m × 10'2"3.10 m
-
Lower level
Storage
14'4.27 m × 10'9"3.28 m
-
Lower level
Storage
14'1"4.29 m × 11'6"3.51 m
-
Main level
Bedroom
11'6"3.51 m × 10'3"3.12 m
-
Main level
Living room
15'3"4.65 m × 10'5"3.18 m
-
Main level
Kitchen
12'1"3.68 m × 9'10"3.00 m
-
Main level
Bedroom
11'8"3.56 m × 7'4"2.24 m
-
Main level
Primary Bedroom
15'5"4.70 m × 9'8"2.95 m
-
Main level
Kitchen
12'3.66 m × 00
9'4
Main level
Living room
12'3.66 m × 00
12'1
Main level
Entrance
6'3"1.91 m × 4'4"1.32 m
-
Second level
Bedroom
15'9"4.80 m × 14'2"4.32 m
-
Second level
Bedroom
14'4.27 m × 00
15'11
Floor
Ensuite
Pieces
Other
Lower level
No
-
3-Piece
Main level
No
-
4-Piece
Main level
No
-
3-Piece
Second level
No
-
5-Piece
View of front of home
View of room layout
Front Suite - Living Room
Front suite entrance and Living room
Front suite
Front suite Kitchen
Front suite Kitchen
Second bedroom front suite with access to deck above carport
Front suite main bedroom
Front suite main bedroom
Back Suite Kitchen with white appliances, light countertops, white cabinets, and track lighting
Back Suite living room
Back suite Kitchen with white cabinetry, white appliances, open shelves, light countertops, and under cabinet range hood
Back suite Kitchen with white cabinetry, light countertops, white appliances, under cabinet range hood, and light tile patterned floors
Upstairs back bedroom in back suite .Unfurnished bedroom with lofted ceiling, a closet, dark wood finished floors, and baseboard heating
Full bathroom featuring decorative backsplash and tile patterned floors
View of patio / terrace with outdoor dining space and a mountain view
Balcony featuring a mountain view
View of patio with outdoor dining space
Entrance for Back suite
Upstairs front bedroom for back suite floors, lofted ceiling, and baseboard heating
Upstairs back suite Full bath with enclosed tub / shower combo, vanity, light tile patterned floors, and lofted ceiling
Entrance to lower level
Entrance to lower level
Lower level Kitchen
Lower level living open concept living area
Lower level Bedroom
Lower level bedroom
Full bath with vanity and a stall shower
Laundry area
Aerial view of property and surrounding area with nearby suburban area and a water and mountain view
Aerial view of residential area featuring a mountainous background
Data was last updated September 25, 2025 at 05:35 PM (UTC)
Area Statistics
Listings on market:
54
Avg list price:
$374,950
Min list price:
$305,000
Max list price:
$1,190,000
Avg days on market:
64
Min days on market:
1
Max days on market:
223
Avg price per sq.ft.:
$542.14
These statistics are generated based on the current listing's property type
and located in
Old City. Average values are
derived using median calculations. This data is not produced by the MLS® system.
