House for sale
674 Farquhar St, Nanaimo
$495,000
Features
Style
Main Level Entry with Lower Level(s)
Year Built
1910
Floor Area
1,869 sqft
Lot Size
4,702 sqft
Gross Property Tax
$2,984.86 /year
Zoning
R-14
Amenities
Fencing: Partial, Basement, Transit Nearby
Description
With R14 zoning & outstanding redevelopment potential, this property presents an exciting opportunity for builders, investors, & forward-thinking buyers alike. The site offers the flexibility for a variety of multi-family concepts, including modern townhomes, stacked units, or ocean-view residences designed to maximize the setting. Street & alley access further enhance the development possibilities, making this a rare chance to secure a property with significant future upside. Complementing the potential is a charming, updated single-family home that is move-in ready for immediate enjoyment or rental income. Recent improvements include new flooring, fresh paint, & refreshed bathrooms, creating a bright and welcoming living space filled with character. Whether you’re looking for a comfortable home, a holding property, or your next development project, this property offers exceptional versatility and value. Measurements are approximate and should be verified if important.
MLS® Number 1038388