2
Bedrooms
1
Bathrooms
735
Sq Ft
233
Days on Market
Description
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.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1003724 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na South Nanaimo |
| Postal Code | V9R 4T4 |
| Property Taxes | $2,688.00 (2024) |
| Parking Total | 2 |
| Zoning | COR1 |
| Facing | East |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Forced Air,Natural Gas |
| Construction | Frame Wood,Wood |
| Roof | Asphalt Shingle |
| Foundation | Other |
| Basement | Not Full Height |
| Laundry | In House |
| Listed Date | Jul 2, 2025 |
| Ownership | Freehold |
| Lot Size | 0.11 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 4-Piece | |
| Bedroom | Main level | 10 ft x 11 ft | |
| Kitchen | Main level | 11\'2 x 12\'10 | |
| Laundry room | Main level | 6 ft x 10 ft | |
| Living room | Main level | Measurements not available x 23 ft | |
| Primary Bedroom | Main level | 13 ft x 11 ft |
Building Details
| Heating | Forced air |
| Heating Fuel | Natural gas |
| Stories | -1 |
| Total Finished | 735 sqft |
Additional Information
| Land Size | 4719 sqft |
| Building Type | House |
| Interior Size | 735 sqft |
| Transaction | For sale |