58 Pine St, NANAIMO

2025-10-20
 

Quick Summary

Location
58 Pine St, NANAIMO, British Columbia V9R2B2
Price
$699,999 CAD
Status:
For Sale
Property Type:
Single Family
Area:
2660 sqft
Bedrooms:
6
Bathrooms:
6
Year of Construction:
1930

MLS®#1017806

Property Description

Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), shared laundry and shower facilities and common room, perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest! (id:32467)

Property Features

Building

  • Cooling Type: Air Conditioned
  • Fireplace: Yes
  • Interior Size: 2660 sqft
  • Building Type: House

Features

  • Feature: Other

Land

  • Land Size: 6970 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: SFD

Information entered by Pemberton Holmes Ltd. (Ldy)
Listing information last updated on: 2025-12-05 21:32:37


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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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