762 Albert St, NANAIMO

2025-05-26
 

Quick Summary

Location
762 Albert St, NANAIMO, British Columbia V9R2W5
Price
$499,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1641 sqft
Bedrooms:
3
Bathrooms:
2
Year of Construction:
1901
Video Link:

MLS®#1001170

Property Description

Positioned in a rapidly evolving area with R-14 zoning, this property presents a rare opportunity for multifamily or infill development. Whether you’re envisioning a duplex, triplex, or a creative small-scale residential project, this site offers outstanding potential in one of Nanaimo’s most accessible neighbourhoods. Developers and investors will appreciate the combination of strong zoning flexibility, central location, and long-term growth prospects. The existing 3-bedroom, 2-bath character home provides immediate rental or holding value while you plan your next project. Full of natural light and original charm, it features a spacious layout and a comfortable primary suite—making it equally appealing to homeowners seeking a blend of vintage character and modern convenience. Ideally situated just steps from Superette Foods, the downtown bus station, and vibrant downtown Nanaimo, this property places future residents within walking distance of everyday essentials, local shops, and the scenic waterfront. Bring your vision and see the possibilities unfold—this is your chance to secure a prime development parcel with strong upside potential in the heart of Nanaimo. (id:32467)

Property Features

Building

  • Architectural Style: Other
  • Cooling Type: None
  • Fireplace: Yes
  • Interior Size: 1641 sqft
  • Building Type: House

Features

  • Feature: Central location, Other, Marine Oriented

Land

  • Land Size: 8305 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R-14

Information entered by Century 21 Harbour Realty Ltd.
Listing information last updated on: 2025-12-03 02:23:56


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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