Here is a once in a lifetime opportunity to own perhaps the best parcel of walk on waterfront property in all of North Nanaimo. Totalling 0.60 acres w/ 290 ft of oceanfrontage, these 2 separate legal lots were acquired by the owner 35yrs ago and are his principal residence to this day. Located in one of Nanaimo's most prestigious neighborhoods this property is uniquely private with parkland to its east and a 2nd park one property over to its west. 5020 contains a 3 bd 2 ba well maintained 1400sqft rancher while 5010 is a manicured vacant yard, each zoned "R5 Three and Four Unit Residential" w/ multiple dwelling development potential or build an unparalleled oceanfront residence. In an area known for high bank waterfront properties, these 2 parcels stand alone as one of true walk on waterfront which allows unequaled ocean views of the Strait of Georgia to Sechelt, Texada Island. This part of the Strait is well known for its views of cruise ships, naval vessels and a myriad of sea life.
General Info
Property Type: Residential
Type: Single Family Residence
Year built: 1972
(Age: 53)
Living Area: 1,403 sq. ft.130 m2
Listing General Location: Na North Nanaimo, Nanaimo
Bedrooms: 3
Bathrooms: 2.0
(Full:-/Half:-)
Lot Size: 0.61 acre(s)0.25 hectare(s)
Kitchens: 1
Taxes: $17,287 /
2025
Additional Info
Construction: Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls, Wood
New Construction: No
Basement: Crawl Space
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Levels: 2
Floor finish: Mixed
Total Building Area: 1,403 sq. ft.130 m2
Total Unfinished Area: 0 sq. ft.0 m2
# Bedrooms or Dens Total: 3
# Main Level Bedrooms: 3
# Second Level Bedrooms: 0
# Third Level Bedrooms: 0
# Lower Level Bedrooms: 0
# Other Level Bedrooms: 0
# Main Level Bathrooms: 2
# Second Level Bathrooms: 0
# Third Level Bathrooms: 0
# Lower Level Bathrooms: 0
# Other Level Bathrooms: 0
# Main Level Kitchens: 1
# Second Level Kitchens: 0
# Third Level Kitchens: 0
# Lower Level Kitchens: 0
# Other Level Kitchens: 0
Living Area Lower Floor: 0 sq. ft.0 m2
Living Area Main Floor: 1,403 sq. ft.130 m2
Living Area Other Floor: 0 sq. ft.0 m2
Living Area 2nd Floor: 0 sq. ft.0 m2
Living Area 3rd Floor: 0 sq. ft.0 m2
Fireplaces: 2
Fireplace Details: Gas, Wood Burning
Laundry Features: In Unit
Water supply: Municipal
Sewer: Sewer Connected
Cooling: None
Heating: Forced Air, Oil
Fireplace: Yes
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