




This 2-bedroom, 1-bathroom single family in Nanaimo offers 735 sqft of living area on a 4,719 sqft lot. The property has lot dimensions of 4719, zoned Residential. The home features forced air, natural gas heating. Highlights include a 2-car garage.
Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential. (id:60351)
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
Listed by Ken Welte, Sutton Group-West Coast Realty (Nan)
The listing data displayed is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA). The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Not A Dream Realty Inc., Brokerage is a member of CREA and the Toronto Regional Real Estate Board. All information should be independently verified. © 2026 Not A Dream Realty Inc., Brokerage. All rights reserved.
Important notice: This website provides free general real estate information for consumer convenience. Listing data, maps, photos, descriptions, measurements, room sizes, lot sizes, taxes, prices, availability, school/market information, estimates, and other property details may be incomplete, delayed, approximate, generated from third-party sources, or changed without notice. We do not warrant that any information is complete, current, or error-free, and we have not independently verified all information shown. Do not rely on this website alone when making a purchase, sale, lease, financing, investment, tax, legal, valuation, or insurance decision. Verify all material facts directly with the listing brokerage, real estate board, municipality, lender, insurer, lawyer, inspector, surveyor, or other qualified professional, as applicable. Nothing on this website is an appraisal, market valuation, price opinion, professional recommendation, or legal, financial, tax, engineering, inspection, or investment advice. To the fullest extent permitted by law, the website operator, brokerage, and their representatives are not responsible for losses or damages arising from errors, omissions, delays, changes, or reliance on information displayed here.
Get in touch for a private showing or more details.
Listing represented by Ken Welte, Sutton Group-West Coast Realty (Nan) · MLS# 1003724
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.