Area: British Columbia
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Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), shared laundry and shower facilities and 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! (id:44056)

Property Details

Full Address:
58 Pine St, Nanaimo, British Columbia
Price:
$ 699,999
MLS Number:
1017806
List Date:
October 20th, 2025
Lot Size:
6970 sq.ft.
Year Built:
1930
Taxes:
$ 4,215

Interior Features

Bedrooms:
6
Bathrooms:
6
Air Conditioning:
Air Conditioned
Heating:
Heat Pump
Fireplaces:
1

Building Features

Zoning:
Residential
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 4,215

Floors

Finished Area:
2660 sq.ft.
Main Floor:
2451 sq.ft.

Land

View:
Mountain view, Ocean view
Lot Size:
6970 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Jenney Massey Pemberton Holmes Ltd. (Dun)
 778-971-1517
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Listing Agent(s)

Listing: Jenney Massey
Pemberton Holmes Ltd. (Dun)
Co-Listing: Ally Earle
Pemberton Holmes Ltd. (Lk Cow)

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