House for sale
660 Third St, Nanaimo
$798,800
Features
Style
Main Level Entry With Lower/Upper Lvl(s)
Year Built
1934
Floor Area
3,902 sqft
Lot Size
9,000 sqft
Gross Property Tax
$4,735 /year
Zoning
COR1
Amenities
Dining Room, Eating Area, Storage, Workshop, Primary Bedroom on Main, Balcony/Deck, Fenced, Fencing: Partial, Garden, Guest Accommodations, Storage Shed, Workshop, Wood Frames, F/S/W/D, Basement, Transit Nearby
View
Mountain(s)
Additional Features
Central Location, Corner, Landscaped, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
Description
An Exceptional Investment Opportunity with Timeless Character and Future Potential
Discover a rare gem that blends vintage charm, income versatility, and future development promise. This unique character home offers three distinct living spaces—perfect for multigenerational living. The main home retains its original charm with cozy nooks, warm wood accents, and soaring overheight ceilings on the main floor, while the self-contained in-law suite and whimsical detached cottage provide excellent rental flexibility or private space for guests and extended family.
Zoned COR1, this property presents a valuable opportunity for investors and developers, with potential for future redevelopment in one of the area’s fast-growing corridors. Restore the home to its former glory and watch its value rise—or reimagine the site entirely.
The property also features a powered studio ideal for a home office or creative pursuits, lush and private gardens, and inviting front and back porches with views of Mt. Benson. Whether you're looking to generate immediate rental income, develop in the future, or bring a beautiful heritage home back to life, this property offers a rare combination of heart, history, and high potential. Located just steps from amenities but with the feel of a private retreat—this is more than a home; it's a vision waiting to be realized.
MLS® Number 1012255