Discover an exceptional chance to acquire a prime development property in Nanaimo's University District. Situated at 622, 626, and 630 Fourth Street, this offering includes three identical lots, each with lane access and cumulatively spanning over 20,000 square feet. Located just a short stroll from the Vancouver Island University campus, this site is perfectly positioned for a potential condominium or rental project that would appeal to faculty, students, and families alike. With the potential to construct 24 units or more, this property presents a profitable opportunity for developers eager to meet the increasing housing demand in the region. Highlighted is a neighboring project on a similar site that successfully underwent rezoning and secured permits within just 7 months, illustrating the potential for rapid project initiation. Don't let this unique opportunity to secure a prime development site in one of Nanaimo's most sought-after locations slip away.More details
Land Assembly: A development opportunity right next to the Vancouver Island University. The offering is for two parcels 474 Wakesiah Avenue and 486 Wakesiah Avenue. They both have dwellings that are currently rented out. Tenancy information is available on request. Measurements and property dimensions taken from the City of Nanaimo map and reflect 13,796 Sqft of land. Information in listing is for 474 mainly! Please inquire within for details and your private viewing. We require to give the tenants plenty of notice.More details
Nestled in Nanaimo's sought-after Hawthorne Heights Neighbourhood, this sunny two-storey single-family dwelling constructed in 2006 is perfect for families, multi generational living or investors. This home offers mountain views and a thoughtfully designed layout with 3 beds & 2 baths on the upper level, and 2 bed in-law suite. The main floor features an open-concept kitchen, dining & family room area, complete with a gas fireplace. A spacious patio extends from this area, offering an ideal spot for outdoor entertaining. The ground level includes two additional beds, a family room, and a full bath, making it perfect for family & guests or as a potential mortgage helper. The property also boasts a double-car garage & a fenced yard. You can enjoy scenic walking paths around a nearby bird sanctuary, Buttertubs Marsh. The home's prime location has easy access to VI University, Nanaimo Aquatic Centre, & various sports complexes, making it a haven for active families and professionals alike.More details
A rarely found 6-bedroom, 4-bathroom single house with a great layout. The home has been well-maintained and features recent updates including laminate flooring, a dishwasher, two water tanks and two sets of laundry. The location is fantastic. You can walk to the university and the swimming pool, and it's just a 5-minute drive to downtown Park or Westwood Lake. The neighborhood is nice and quiet. Upstairs, there are 3 bedrooms, 2 bathrooms, and an open-concept kitchen with nice cozy living room. Downstairs, you'll find a large game room with separate entrance, an extra room that can be used as a 6th bedroom, and another bathroom. Additionally, there's a 2-bedroom legal suite that can be a mortgage helper. This home offers a perfect blend of convenience and comfort. Current rent is $3082 per month for entire house; could potentially rise to $4082 with the vacant room rented. M2M tenancy. Tenants want to stay. Seller is a licensee. Call or text Seller (778-686-6769) for private showings.More details
Step into storybook charm with this 1934 character home full of personality and possibilities! It’s got an in-law suite for guests (or grown-up kids), a whimsical cottage, and gardens that feel like a secret escape. Sip coffee on your front porch or kick back with a glass of wine on the back one with a lovely view of Mt Benson. There’s even a powered man-cave/she-shed for crafting, dreaming, or hiding out with a good book. Tucked in close to everything you need, but with all the cozy, creative vibes of a retreat. Inside, you’ll find original details you just can’t find these days featuring, cozy nooks and warm wood accents combined with overhight ceilings on the main. Whether you're entertaining friends, playing in the garden, or enjoying a quiet sunset, this home makes everyday moments feel a little magical. A rare blend of vintage charm, flexible living, and feel-good spaces—all wrapped up in one. Zoning is COR1 for the developer looking for a property with solid future potential.More details
This beautifully well maintained 2,500+ sq. ft. rancher offers spacious, wheelchair-accessible living with a two-bedroom in-law suite featuring separate entrance and its own laundry, hot water tank on nearly half an acre of low-maintenance land. Open-concept layout features a bright kitchen, living, dining, and media room with stylish laminate flooring, while the expansive primary bedroom boasts a generous ensuite. Versatile media room can easily be converted into an additional bedroom. Recent upgrades include new backyard concrete block retaining wall, improved storm drainage, and brand-new fence. The full circular driveway provides ample parking for an RV, boat and multiple vehicles. Enjoy outdoor living on the full-length covered front porch, perfect for relaxing. Located just minutes from Westwood Lake, Vancouver Island University, Shopping Centre and Aquatic Centre. This move-in-ready gem is a must-see! Measurements and data approximate; verify if important.More details
Investment opportunity is knocking! Two adjoining legal lots on .35 of an acre for sale by original owners in the desirable University District. Live in the existing mid century modern home featuring 4 bedrooms, 2 bathrooms, with a main level entry & walk-out basement with suite potential, while you build your dream home on the lot next door. The existing house has charming mid century modern features throughout, good bones, sweat equity potential and with some tlc it is the perfect family home or income property. Located just five minutes from downtown, and a short stroll to the old city quarter, recreational facilities, shopping, transit and all levels of schools including VIU. Buyer to verify zoning and development potential. Measurements approximate, please verify if important.More details
Attention Builders and Investors: A Rare Opportunity in the Heart of Nanaimo’s University District! This is your chance to secure two separate, fully legal lots (two PIDs), both zoned R5, allowing for the construction of 2 fourplexes. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Both lots boast excellent laneway access and are located just a short walk from VIU, a prime area for rental demand. And there’s more—an additional lot is available under a separate MLS listing, presenting the rare opportunity to create a 3 lot, 12-unit project -.Opportunities like this are unheard of in the University District. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! All measurements are approximateMore details
Attention Builders and Investors: A Rare Opportunity in the Heart of Nanaimo’s University District! This is your chance to secure two separate, fully legal lots (two PIDs), both zoned R5, allowing for the construction of 2 fourplexes. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Both lots boast excellent laneway access and are located just a short walk from VIU, a prime area for rental demand. And there’s more—an additional lot is available under a separate MLS listing, presenting the rare opportunity to create a 3 lot, 12-unit project -.Opportunities like this are unheard of in the University District. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! All measurements are approximateMore details
This welcoming 4-bedroom, 2-bathroom home sits on a 0.22-acre lot at the end of a quiet cul-de-sac—perfect for families of all ages. Located within walking distance to NDSS, VIU, parks, and recreation amenities, the neighborhood offers both community and convenience. The bright upper floor features hardwood floors, three bedrooms, a skylight, cozy fireplace, and heated tile in the bathroom. A spacious deck off the dining area extends your living space outdoors. The bright 1-bedroom suite below includes new premium vinyl flooring—ideal for extended family or rental income. Recent updates include a new hot water tank (2024), and a 200-amp electrical upgrade (2024). The large, flat yard includes a shop/shed enclosed under the deck, and mature trees. Move-in ready and untenanted, with quick possession available—don’t miss this opportunity! Data and measurements are approximate and must be verified if important.More details
COR-1 Zoned corner property best suited for redevelopment or holding. The small house and cottage on the property may also work for first time buyer. Located at the base of 3rd Street on a major corridor between downtown Nanaimo and the highway. The zoning allows for multi-storey mixed commercial/residential development similar to other recent builds on 3rd Street. *** DO NOT access property without appointment. Tenant on property with aggressive dog. Walking distance to downtown, recreational activities, VIU, cafes/restaurants and shops. On major bus routes. Make an appointment to view today.More details
COR-1 Zoned corner property best suited for redevelopment or holding. The small house and cottage on the property may also be used as a rental for holding the property until construction begins. Located at the base of 3rd Street on a major corridor between downtown Nanaimo and the highway. The zoning allows for multi-storey mixed commercial/residential development similar to other recent builds on 3rd Street. *** DO NOT access property without appointment. Tenant on property with aggressive dog. Walking distance to downtown, recreational activities, VIU, cafes/restaurants and shops. On major bus routes. Make an appointment to view today.More details