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$699,999
58 Pine St
Nanaimo, BC V9R 2B2
Single Family Detached
Bedrooms
6
Bathrooms
6
Square Feet
2,451
Year Built
1930

Property Description

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!

Property Details

MLS #: 1017806
ID #: 30108805
Type: Residential
Sub-Type: Single Family Detached
Area: Nanaimo
Sub-Area: Na Old City
Status: Active
Lot Size: 0.16 acres
Property Tax: $4,215 (2025)
Days on Market: 39 days

Room Details

Bathroom
Dimensions: 4-Piece
Bedroom
Dimensions: 11\'8 x 11\'1
Entrance
Dimensions: Measurements not available x 7 ft
Kitchen
Dimensions: 12\'3 x 16\'3
Living room
Dimensions: 13\'11 x 15\'11
Office
Dimensions: 11 ft x Measurements not available
Primary Bedroom
Dimensions: 11\'8 x 11\'11
Listing provided by Pemberton Holmes Ltd. (Ldy)

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Contact Information

Peter Kent
Sales Associate, REALTOR®
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Peter Kent
[email protected]
REMAX Professionals

Location

58 Pine St , Nanaimo, BC V9R 2B2

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