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This 2 bedroom, 1 bathroom single family is listed for sale at $589,900 in Nanaimo, British Columbia. The property offers 925.00 square feet of living space. Built in 1919. Lot size: 8,712 sq ft (0.20 acres).MLS® #1026633.
Attention savvy investors or first-time buyers! This charming 2-bedroom, 1-bathroom home offers coastal appeal and functional living near the waterfront. Enjoy 925 sq. ft. of cozy upper-level living featuring a sun-filled country kitchen, all-day ocean views, and the comfort of a newly installed gas-fired forced air furnace and hot water tank.
Situated on an over 8571sqft rectangle lot(55.3x155.4ft), this versatile property features a detached powered workshop, garden shed, and a fully fenced yard with dual-side gated parking for excellent privacy and security, ample space for your RV, boat, and multiple vehicles. The full basement is currently used for storage and a secondary workshop, offering excellent future potential. There is also potential for multi-family redevelopment (up to 4 units in R5 zoning—buyer to verify with the City), making this a compelling long-term investment.
With strong demand in the area, this is an outstanding opportunity. Vacant for Easy to show!
Property features include: Dishwasher, Dryer, F/S/W/D, Refrigerator, Washer.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Nanaimo area.
Property Type
Single Family
Year Built
1919
Interior Size
925 sq ft
Lot Size
8,712 sq ft(0.20 acres)
Bedrooms
2
Bathrooms
1
Area
Nanaimo
Neighborhood
South Nanaimo
MLS® Number
#1026633
View comprehensive market analysis for Gillespie St including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Gillespie St Market ReportAttention savvy investors or first-time buyers! This charming 2-bedroom, 1-bathroom home offers coastal appeal and functional living near the waterfront. Enjoy 925 sq. ft. of cozy upper-level living featuring a sun-filled country kitchen, all-day ocean views, and the comfort of a newly installed gas-fired forced air furnace and hot water tank.
Situated on an over 8571sqft rectangle lot(55.3x155.4ft), this versatile property features a detached powered workshop, garden shed, and a fully fenced yard with dual-side gated parking for excellent privacy and security, ample space for your RV, boat, and multiple vehicles. The full basement is currently used for storage and a secondary workshop, offering excellent future potential. There is also potential for multi-family redevelopment (up to 4 units in R5 zoning—buyer to verify with the City), making this a compelling long-term investment.
With strong demand in the area, this is an outstanding opportunity. Vacant for Easy to show!

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the South Nanaimo neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$4,450
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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