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This 6 bedroom, 6 bathroom single family is listed for sale at $649,900 in Nanaimo, British Columbia. The property offers 2451.00 square feet of living space. Built in 1930. Lot size: 6,970 sq ft (0.16 acres).MLS® #1040315.
Investor Alert – Income Generator in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential & zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level is perfect for owner living with charming character, 2-bedrooms, 1-bath & peek-a-boo ocean views from the big back deck.
Downstairs there are 4 x bdrm/studio-style rental units, each with its own entrance & 2-piece bath (no kitchens), shared laundry & shower facilities & a common room - perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest!
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.
View comprehensive market analysis for Pine 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 Pine St Market ReportInvestor Alert – Income Generator in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential & zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level is perfect for owner living with charming character, 2-bedrooms, 1-bath & peek-a-boo ocean views from the big back deck.
Downstairs there are 4 x bdrm/studio-style rental units, each with its own entrance & 2-piece bath (no kitchens), shared laundry & shower facilities & a common room - perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest!

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the Old City neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$4,750
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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