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Choose a REALTOR®
Listing REALTOR®
Kelly Whitton, REALTOR<sup>®</sup>

Kelly Whitton

REALTOR®

RE/MAX of Nanaimo

Choose a REALTOR®
Listing REALTOR®
Kelly Whitton, REALTOR<sup>®</sup>

Kelly Whitton

REALTOR®

RE/MAX of Nanaimo

House for sale

532 Prideaux St, Nanaimo

$699,000 or
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House for sale in Nanaimo, Old City, 532 Prideaux St, 996747 | Realtylink.org
House for sale in Nanaimo, Old City, 532 Prideaux St, 996747 | Realtylink.org House for sale in Nanaimo, Old City, 532 Prideaux St, 996747 | Realtylink.org House for sale in Nanaimo, Old City, 532 Prideaux St, 996747 | Realtylink.org House for sale in Nanaimo, Old City, 532 Prideaux St, 996747 | Realtylink.org
$699,000 or

House for sale

532 Prideaux St, Nanaimo

NANAIMO

Features

Lifestyle
3 bedrooms
2 bathrooms
996747 699000 /en/house~for-sale~nanaimo/996747 /en/house~for-sale~nanaimo/996747 /en/house~for-sale~nanaimo/996747/photos 49.1605700000 -123.9387900000 true
Style
Main Level Entry With Lower Level(s)
Year Built
1910
Floor Area
2,668 sqft
Lot Size
8,793 sqft
Gross Property Tax
$3,291 /year
Zoning
R15
View
Ocean

Description

This centrally located property in the heart of Nanaimo offers an exceptional opportunity for small to mid-scale developers looking to enter or expand within the multi-family market. Currently operating as a single-family residence with consistent rental revenue, the true value lies in the development potential already unlocked. The City of Nanaimo has approved a development permit for a well-designed fourplex consisting of four three-bedroom units, each with family-oriented floorplans and private exterior balconies. Notably, two of the units will feature limited ocean views. Designed with both community and privacy in mind, each unit features a townhouse-style entry with its own exterior door. This layout not only enhances curb appeal but fosters a sense of individual identity and ownership while still creating a cohesive community atmosphere—an increasingly desirable feature among modern homebuyers. This project is a rare find in the Nanaimo market, where new three-bedroom units are in short supply. The design directly addresses the growing demand for attainable housing by providing family-sized units that can serve both the end-user homeowner and the long-term investor. The development fulfills all City parking requirements and has been thoughtfully conceived as a missing middle solution—offering practical density without compromising livability or neighborhood character. With the Development Permit in place and a well-positioned floorplan design in a supply-constrained market, this is a strong candidate for a build-to-sell or build-to-hold strategy. Measurements Approx. Verify if important.
MLS® Number 996747
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Listing REALTOR®

Kelly Whitton, REALTOR<sup>®</sup>

Kelly Whitton

REALTOR®
250-933-5333

RE/MAX of Nanaimo

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.
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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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