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$717,000
7 Beds ⋅ 4 Baths ⋅ 1043850 MLS
Investor Alert in Nanaimo’s Old City! Don’t miss this rare investment opportunity in the heart of Nanaimo’s historic Old City. This 7-bedroom full duplex offers incredible rental potential, perfect for multi-family living or generating strong rental income. Inside, you’ll find updated electrical and plumbing for peace of mind, plus a shared laundry space for convenience. Outside, enjoy a large back deck with stunning views of Mount Benson—the perfect spot to unwind after a long day. Situated on a 10,494 square foot lot with lane access and just minutes from Vancouver Island University, downtown amenities, and transit, this property offers unbeatable location and functionality. Whether you’re an investor or looking for a home with multiple income streams, this one checks all the boxes!

415 Machleary St, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$739,000
2 Beds ⋅ 3 Baths ⋅ 1043155 MLS
Experience the best of waterfront living in this stunning two-level home, designed for ultimate comfort and convenience. Situated right on the scenic promenade, you’ll enjoy seamless access to Downtown Vancouver and YVR via float plane, while local ferries, charming shops, and essential grocery stores are all just a short, pleasant walk away. It’s the perfect blend of serenity and city connectivity. This cozy, 1,270 sq. ft. air-conditioned sanctuary features two private bedrooms, each with its own ensuite, plus the luxury of heated floors in the main and lower bathrooms. The airy main level boasts high 9’ ceilings and large windows that frame breathtaking, panoramic views of the sparkling ocean and majestic Coastal Mountains. For your peace of mind, the building includes secure underground parking, dedicated storage, and a helpful on-site caretaker. Strata fees even cover natural gas and service. This rare opportunity is ready for you—contact me to book your viewing today.

38 Front St Unit ##TH10, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$740,000
1038728 MLS
This property offers strong rental income and excellent future potential in the heart of Nanaimo’s Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development—build an additional dwelling on the second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment portfolio. The home is listed on the heritage register as a non-protected property; it was originally the Dykes Residence. The current use with cooking facilities in each unit has non-conforming status, see more info from City on supplements. All data & measurements are approximate and must be verified if fundamental.

639 Kennedy St, Nanaimo

Courtesy of REMAX Professionals (NA)

$740,000
8 Beds ⋅ 2 Baths ⋅ 1038726 MLS
This property offers strong rental income and excellent future potential in the heart of Nanaimo’s Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development—build an additional dwelling on the second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment portfolio. The home is listed on the heritage register as a non-protected property; it was originally the Dykes Residence. The current use with cooking facilities in each unit has non-conforming status, see more info from City on supplements. All data & measurements are approximate and must be verified if fundamental.

639 Kennedy St, Nanaimo

Courtesy of REMAX Professionals (NA)

$750,000
982972 MLS
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate

212&218 Fry St, Nanaimo

Courtesy of Real Broker

$750,000
982970 MLS
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate

212&218 Fry St, Nanaimo

Courtesy of Real Broker

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