Why rent when you can own on an almost 1/5 acre lot? This bright, freshly painted 2-bed home is the perfect smart start. Live on the main, build out the lower level over time, garden in a yard with your own fruit trees, and enjoy being able to walk to VIU, shops, and schools. With lane access for a future garage or carriage house, this home works for you today and invests in your tomorrow.
Lower level is equipped with a cozy wood stove, an install-ready bathroom, and is ready for your vision: family room, 3rd bedroom, office, or whatever suits your needs.
The 8,694 sq ft lot with rear lane access in a prime rental location steps to VIU, schools & University Village Mall. Explore future carriage house potential or a complete redevelopment (buyer to confirm with City).
Whether you're starting out, raising a family, or looking at long-term investment and development potential, this one checks all the boxes.
This opportunity won't last long.
Data was last updated October 22, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
111
Avg list price:
$539,900
Min list price:
$149,900
Max list price:
$1,999,000
Avg days on market:
61
Min days on market:
1
Max days on market:
618
Avg price per sq.ft.:
$391.96
These statistics are generated based on the current listing's property type
and located in
Na South Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.