Area: British Columbia
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Opportunity knocks! Just steps from Vancouver Island University, this COR1-zoned property offers huge potential for redevelopment. The Planning Department of the City of Nanaimo has indicated that a single-family home with a suite and a carriage house would be permitted on this lot. The flat lot also supports uses like daycare or office space. While the current home may need significant work, the location and land value make this a standout investment. Priced well below assessed value—don’t miss this chance to capitalize on a prime, centrally located lot. Bring your ideas, your clients, and your offers! Data is approximate; verify if integral. (id:44056)

Property Details

Full Address:
626 Fourth St, Nanaimo, British Columbia
Price:
$ 459,900
MLS Number:
999221
List Date:
May 8th, 2025
Lot Size:
6958 sq.ft.
Year Built:
1948
Taxes:
$ 3,233

Interior Features

Bedrooms:
2
Bathrooms:
1
Air Conditioning:
None
Heating:
Baseboard heaters, Electric
Fireplaces:
1

Building Features

Zoning:
Residential
Garage:
Stall
Garage Spaces:
2
Ownership Type:
Freehold
Taxes:
$ 3,233

Floors

Finished Area:
1689 sq.ft.
Main Floor:
872 sq.ft.

Land

Lot Size:
6958 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Myles McCullough Personal Real Estate Corporation RE/MAX of Nanaimo
 
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Listing Agent(s)

Listing: Myles McCullough
RE/MAX of Nanaimo
Co-Listing: Natasha Koch
eXp Realty (NA)

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