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$740,000
8 Beds ⋅ 2 Baths ⋅ 1038726 MLS
This property offers strong rental income and excellent future potential in the heart of Nanaimo’s Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development—build an additional dwelling on the second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment portfolio. The home is listed on the heritage register as a non-protected property; it was originally the Dykes Residence. The current use with cooking facilities in each unit has non-conforming status, see more info from City on supplements. All data & measurements are approximate and must be verified if fundamental.

639 Kennedy St, Nanaimo

Courtesy of REMAX Professionals (NA)

$514,900
6 Beds ⋅ 3 Baths ⋅ 1038637 MLS
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.

528 Hecate St, Nanaimo

Courtesy of eXp Realty (NA)

$514,900
1038638 MLS
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. Seller has preliminary plan available as part of purchase price.

Lot 4 Hecate St, Nanaimo

Courtesy of eXp Realty (NA)

$315,000
2 Beds ⋅ 1 Baths ⋅ 1038626 MLS
Own a piece of Nanaimo history in the heart of the vibrant Old City! Located in a charming building, this 1 bed + den condo offers incredible value for first-time buyers, investors, or commuters seeking an affordable Vancouver Island lifestyle. The den includes a closet and easily functions as a second bedroom or home office. Enjoy a full kitchen, in-suite laundry, secure entry, elevator access, and 1 parking stall. The building has recently completed a nearly $1M exterior deck renovation, giving the property a refreshed modern feel while preserving its character charm. Ideally situated in downtown Nanaimo, you’re steps to restaurants, shops, cafés, the seawall, and waterfront amenities. Under 5 minutes to Hullo Ferry, Harbour Air, and Helijet, making travel to Vancouver fast and convenient. At just $325,000, this is an excellent opportunity to enter the Nanaimo real estate market or secure a strong rental investment in a growing downtown core. Book your showing today!

645 Selby St Unit ##103, Nanaimo

Courtesy of REMAX Professionals (NA)

$399,900
1 Beds ⋅ 1 Baths ⋅ 1036254 MLS
Welcome to your dream condo, perfectly situated just a 5-minute stroll from Nanaimo’s vibrant downtown and waterfront. This prime location offers unparalleled convenience, located under a 5-minute drive from the Hullo Ferry terminal for effortless travel to Vancouver. You are also moments from Port Place Mall, providing immediate access to groceries and diverse dining. Inside, discover an open-concept kitchen and living area featuring elegant heated tile floors and sleek quartz countertops. Soaring 10ft ceilings enhance the sense of luxury, while hot water on demand ensures efficiency. Take in breathtaking, unobstructed ocean and mountain views from your spacious private balcony—perfect for morning coffee or sunsets. Building amenities include a gym off the lobby, secure underground parking, and rental-friendly bylaws. This property is an exceptional opportunity for homeowners and investors alike. Must see!

10 Chapel St Unit #303, Nanaimo

Courtesy of Century 21 Harbour Realty Ltd.

$650,000
1030738 MLS
Prime development opportunity in waterfront downtown Nanaimo! This 11,394 sq.ft. lot, zoned DT-5, allows for high-density, multi-storey residential with compatible commercial uses. Enjoy stunning ocean views and picturesque vistas of Maffeo Sutton Park, with direct access to parks and the seawall, steps from vibrant downtown amenities. The seller has completed a survey and provides a detailed proposal for a 6-storey, 21-unit condominium with underground parking, designed to maximize ocean views and integrate with the urban landscape (for buyer's reference only). Priced to sell, this is a rare chance for developers to create a landmark project in Nanaimo's coveted waterfront downtown area. Price plus GST

55 Comox Rd, Nanaimo

Courtesy of eXp Realty (NA)

$399,000
1 Beds ⋅ 1 Baths ⋅ 1029628 MLS
MODERN CONDO WITH WATER VIEWS! Welcome to this beautifully 1 bedroom, 1 bathroom condo offering floor to ceiling windows that showcase stunning water views and an abundant of natural light.The sleek, thoughtfully laid out kitchen features quartz countertops, stainless steel appliances, a spacious island, and plenty of cabinet space. The open concept livingroom includes an electric fireplace with multicolor flames and modern, wood accent wall feature. Step outside to the large covered patio, perfect for enjoying outdoor entertaining year-round. This pet-friendly building comes with no rental restrictions, making it ideal for both homeowners and investors. Additional amenities include a secure underground parking stall, a storage unit and a communal courtyard. Enjoy a prime location just minutes from Nanaimo Harbour walkway, poplular restaurants, shopping, seaplane terminal, parks, a church and Protection Island Ferry. Affordable luxury living at it's finest, come view today!

91 Chapel St Unit ##406, Nanaimo

Courtesy of Pemberton Holmes Ltd. (PA)

$549,000
2 Beds ⋅ 1 Baths ⋅ 1029437 MLS
Discover your new home in this cozy 2-bedroom, 1-bath home nestled on a spacious 5,412 square foot lot. This property features a large unfinished basement, offering ample storage space or the exciting possibility of a secondary suite – perfect for guests or rental income! Step outside to enjoy a generous deck that overlooks a fully fenced backyard, ideal for entertaining family and friends or simply relaxing in your own private oasis. Conveniently located within walking distance to all levels of schools, shopping, and parks, this home is perfect for families and those seeking a vibrant community lifestyle. Don’t miss out on this fantastic opportunity! Contact us today for more details and to schedule a viewing. Vendor financing may be available.

640 Campbell St, Nanaimo

Courtesy of REMAX Professionals (LD)

$375,000
982963 MLS
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate

212 Fry St, Nanaimo

Courtesy of Real Broker

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