House for sale

550 Nicol St, Nanaimo

$585,000 or
$585,000 or

House for sale

550 Nicol St, Nanaimo

Features

Lifestyle
4 bedrooms
2 bathrooms
942478 585000 /en/house~for-sale~nanaimo/942478?view=Summary /en/house~for-sale~nanaimo/942478/photos 49.1537500000 -123.9342100000 true
Style
Main Level Entry With Lower/Upper Lvl(s)
Year Built
1935
Floor Area
2,202 sqft
Lot Size
8,280 sqft
Gross Property Tax
$2,782 /year
Zoning
R1
Amenities
F/S/W/D
View
Ocean
Additional Features
Central Location, Southern Exposure

Description

Great home for a young family OR to hold for future development (OCP allows for multi-family).The large fully fenced rear yard could be used for a carriage home/workshop OR to redevelop into "mixed use" residential commercial OR multifamily development with rezoning. The house itself has had many renovations over the past few years - including a newer roof, furnace, heat pump, new panel & electrical upgrades (incl 240 volt line for electric car), new skylights, new fence and gate. With 4 bedrooms, 2 baths, and a full unfinished basement, this could be a great place for first time buyers or to hold as a rental. MOVE IN ready. Walking distance to elementary school and downtown. Two fruit trees in yard. This home is a solid investment in Nanaimo’s future. Easy to view. Make an appointment to view today!
MLS® Number 942478

Listing REALTOR®

RE/MAX Generation (LD)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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