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10
Bedrooms
5
Bathrooms
5,061 sqft
Living Area
9,405 sqft
Lot
1948
Year Built
About This Property
This 10-bedroom, 5-bathroom single family in Nanaimo offers 5,061 sqft of living area on a 9,405 sqft lot. Built in 1948. The property has lot dimensions of 9405, zoned Multi-Family. The home features baseboard heaters heating, a fireplace. Highlights include a 4-car garage.
MLS Remarks
Renovated 5-Plex + Separate Legal Lot in Prime Old City Nanaimo. Rare opportunity to own a renovated 5-plex with a separately titled legal lot in Nanaimo’s sought-after Old City Area. Extensively updated since 2006, this income-producing property blends historic character with modern upgrades, making it a true turnkey investment. The building features five self-contained units, each with separate meters, laundry and hot water tanks, upgraded electrical, and strong rental appeal. Investors will appreciate the multiple income streams and long-term stability in this prime central location. The additional legal lot (prelim building plans available), zoned R14, offers exceptional flexibility-hold for future development, expand, or explore creative redevelopment options. Properties offering this level of income, condition, and upside potential rarely come to market. An outstanding opportunity to secure a high-performing asset with future growth potential. (id:60351)
Overview
Property Typeresidential
Sub-Type
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