Attention Investors, Developers & DIY-ers! Discover an incredible opportunity in the highly sought-after University District. This charming 3-bedroom, 1-bathroom home spans 1,755 sq. ft. and is nestled on a quiet no-through road, offering privacy and convenience. Situated on a generous 6,765 sq. ft. lot with rear lane access, the property boasts additional parking space, room for an RV. and a large detached shop complete with its own bathroom, perfect for a variety of uses. With a little TLC, this home has immense potential as an investment property or a flip project. Priced significantly lower than comparable homes on the same street, this is a rare find in today's competitive market. 1st time on the market in over 50 years. Don't miss out - schedule your viewing today!
Property Type:
Residential
Type:
Single Family Residence
Year built:
1954
(Age: 71)
Living Area:
1,755.69 sq. ft.163 m2
Auxiliary Building Living Area:
578 sq. ft.53.7 m2
Listing General Location:
Na University District, Nanaimo
Bedrooms:
3
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
6,765 sq. ft.628 m2
Kitchens:
1
Taxes:
$3,804.36 /
2024
Construction:
Frame Wood
New Construction:
No
Basement:
Finished
Foundation:
Concrete Perimeter, Slab
Roof:
Fibreglass Shingle
Floor finish:
Mixed
Total Building Area:
1,755.69 sq. ft.163 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
1
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
807.8 sq. ft.75 m2
Living Area Main Floor:
947.89 sq. ft.88.1 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
Potential
Cooling:
None
Heating:
Oil
Fireplace:
Yes
Vinyl Frames
Split Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Kitchen
18'4"5.59 m × 10'11"3.33 m
Main Floor
Living Room
19'11"6.07 m × 14'1"4.29 m
Main Floor
Entrance
5'3"1.60 m × 4'10"1.47 m
Main Floor
Bedroom - Primary
11'5"3.48 m × 11'2"3.40 m
Main Floor
Bedroom
11'2"3.40 m × 9'2.74 m
Lower Level
Family Room
22'10"6.96 m × 22'6.71 m
Lower Level
Bedroom
22'2"6.76 m × 10'8"3.25 m
Other
Workshop
26'11"8.20 m × 23'4"7.11 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'10" x 8' 4-Piece
Other
No
2
6'3" x 6'11" 2-Piece
Assessed:
624000.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 8, PLAN VIP7851, SECTION 1, NANAIMO LAND DISTRICT
Zoning:
R1
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Vacant
Property Condition:
Fixer
Exposure / Faces:
Northwest
Layout:
Split Entry
Lot Site Features:
Central Location, Rectangular Lot, Shopping Nearby
Data was last updated March 31, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$764,450
Min list price:
$239,900
Max list price:
$1,290,000
Avg days on market:
44
Min days on market:
3
Max days on market:
318
Avg price per sq.ft.:
$389.57
These statistics are generated based on the current listing's property type
and located in
Na University District. Average values are
derived using median calculations.