Description
Investor Alert in Nanaimo’s Old City! Don’t miss this rare investment opportunity in the heart of Nanaimo’s historic Old City. This 7-bedroom property offers incredible rental potential, perfect for multi-family living or generating strong rental income. Inside, you’ll find updated electrical and plumbing for peace of mind, plus a shared laundry space for convenience. Outside, enjoy a large back deck with stunning views of Mount Benson—the perfect spot to unwind after a long day. Situated on a 10,494 square foot lot with lane access and just minutes from Vancouver Island University, downtown amenities, and transit, this property offers unbeatable location and functionality. Whether you’re an investor or looking for a home with multiple income streams, this one checks all the boxes!
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1023456 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Old City |
| Postal Code | V9R 2H1 |
| Property Taxes | $4,816.00 (2025) |
| Garage Spaces | 1 |
| Parking Total | 2 |
| Facing | East |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Baseboard,Electric,Forced Air,Natural Gas |
| Construction | Frame Wood |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | Finished |
| Laundry | In House |
| Listed Date | Jan 16, 2026 |
| Ownership | Freehold |
| Lot Size | 0.24 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 4-Piece | |
| Bathroom | Main level | 3-Piece | |
| Bedroom | Main level | 11\'6 x 10\'3 | |
| Bedroom | Main level | 11\'8 x 7\'4 | |
| Entrance | Main level | 6\'3 x 4\'4 | |
| Kitchen | Main level | 12\'1 x 9\'10 | |
| Kitchen | Main level | Measurements not available x 12 ft | |
| Living room | Main level | 15\'3 x 10\'5 | |
| Living room | Main level | Measurements not available x 12 ft | |
| Primary Bedroom | Main level | 15\'5 x 9\'8 |
Building Details
| Heating | Baseboard heaters, Forced air |
| Heating Fuel | Electric, Natural gas |
| Stories | -1 |
| Total Finished | 3231 sqft |
Additional Information
| View | Mountain view |
| Land Size | 10494 sqft |
| Building Type | House |
| Interior Size | 3404 sqft |
| Transaction | For sale |