House for sale
440 Nicol St, Nanaimo
$650,000
Features
Style
Main Level Entry with Lower/Upper Lvl(s)
Year Built
1948
Floor Area
1,959 sqft
Lot Size
8,592 sqft
Gross Property Tax
$3,097.48 /year
Zoning
COR1* - R1
Amenities
Fencing: Partial, Transit Nearby
View
Mountain(s), Ocean
Additional Features
Central Location, Corner, Easy Access, Level, Marina Nearby, Rectangular Lot, Shopping Nearby, Southern Exposure
Description
Large 798 sq.m COR1 corner lot with redevelopment potential is now offered in Nanaimo. This 6-bedroom, 2-bathroom home is mid-renovation and ready for the next owner to take over and bring their vision to life. Preparation work has already been completed, including hazardous materials remediation, new insulation, and plumbing and electrical upgrades underway.
The spacious layout offers flexibility across multiple levels, while the large corner lot presents potential opportunities under COR1 zoning (buyer to verify with the City of Nanaimo). The property also includes a single garage.
Exterior improvements completed by the current owner include new fencing, stonework, and all new garden beds, enhancing the outdoor space.
The home offers a rare opportunity for investors, builders, or buyers looking to complete a renovation project, add value and create something truly special.
Measurements are approximate and should be verified if important. Some photos have been virtually staged to illustrate potential.
MLS® Number 1030626