GENERATIONAL QUALITY MEETS DEVELOPMENT OPPORTUNITY! This solid 1960-built family home has been lovingly maintained by the same family for 53 years - built to last with Vancouver Island Fir framing. Over 2000 sqft of comfortable living features 4 bedrooms, 1 bathroom, and spacious layouts perfect for growing families. The TRUE TREASURE is the massive 15,000+ sqft R5-zoned lot offering incredible flexibility! Dream of adding a coach house, exploring additional dwellings, or future subdivision potential - the oversized lot provides endless possibilities. Mature landscaping, private backyard oasis, established gardens, and prime South Nanaimo location close to schools and amenities make this a rare find. Whether you're seeking a forever family home or savvy investment opportunity, this exceptional property delivers both immediate comfort and exciting development potential for tomorrow. Don't miss this once-in-a-lifetime chance to own a piece of Nanaimo's finest residential land!
Data was last updated July 8, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
78
Avg list price:
$675,000
Min list price:
$139,900
Max list price:
$2,969,000
Avg days on market:
36
Min days on market:
1
Max days on market:
168
Avg price per sq.ft.:
$406.29
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.