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Investor Alert in Nanaimo's Old City! Don't miss this rare investment opportunity in the heart of Nanaimo's historic Old City. This 7-bedroom property offers incredible rental potential, perfect for multi-family living or generating strong rental income. Inside, you'll find updated electrical and plumbing for peace of mind, plus a shared laundry space for convenience. Outside, enjoy a large back deck with stunning views of Mount Benson—the perfect spot to unwind after a long day. Situated on a 10,494 square foot lot with lane access and just minutes from Vancouver Island University, downtown amenities, and transit, this property offers unbeatable location and functionality. Whether you're an investor or looking for a home with multiple income streams, this one checks all the boxes!
General Info
Property Type: Residential
Type: Single Family Residence
Year built: 1910
(Age: 115)
Living Area: 3,231 sq. ft.300 m2
Listing General Location: Na Old City, Nanaimo
Bedrooms: 7
Bathrooms: 4.0
(Full:-/Half:-)
Lot Size: 10,494 sq. ft.975 m2
Kitchens: 3
Taxes: $4,816 /
2025
Additional Info
Construction: Frame Wood
New Construction: No
Basement: Finished
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Total Building Area: 3,404 sq. ft.316 m2
Total Unfinished Area: 173 sq. ft.16.1 m2
# Bedrooms or Dens Total: 7
# Main Level Bedrooms: 3
# Second Level Bedrooms: 2
# Third Level Bedrooms: 0
# Lower Level Bedrooms: 2
# Other Level Bedrooms: 0
# Main Level Bathrooms: 2
# Second Level Bathrooms: 1
# Third Level Bathrooms: 0
# Lower Level Bathrooms: 1
# Other Level Bathrooms: 0
# Main Level Kitchens: 2
# Second Level Kitchens: 0
# Third Level Kitchens: 0
# Lower Level Kitchens: 1
# Other Level Kitchens: 0
Living Area Lower Floor: 1,138 sq. ft.106 m2
Living Area Main Floor: 1,345 sq. ft.125 m2
Living Area Other Floor: 0 sq. ft.0 m2
Living Area 2nd Floor: 748 sq. ft.69.5 m2
Living Area 3rd Floor: 0 sq. ft.0 m2
Fireplaces: 0
Laundry Features: In House
Water supply: Municipal
Sewer: Sewer Connected
Cooling: None
Heating: Baseboard, Electric, Forced Air, Natural Gas
Fireplace: No