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Renanza Realty
For sale

528 Hecate St

Nanaimo, British Columbia

MLS® 1038637

$514,900

Status
Active
Property type
House
MLS® number
1038637
Bedrooms
6
Bathrooms
3
Year built
1911

Listing description

This one is NOT for the faint of heart but it’s a heck of a development opportunity! Just around the corner from the historic Nob Hill park, adjacent the old city quarter and just minutes away from every transportation option to the mainland you’ll find 528 Hecate St. Sitting on a 6,336 sq ft corner lot with R15 Old City Medium Density Residential zoning in place, this property opens the door for redevelopment ideas in an area that continues to evolve.

Although the current home has been boarded up for safety, the opportunity here is all about the land, location, and future potential. A demolition quote is available for buyers looking to start fresh. If bringing this 1911 home back to life IS possible there’s currently over 2,800 square feet of structure on site plus an additional unauthorized dwelling at the rear of the property.

This is definitely a project… but for the right buyer, builder, or developer, there may be an exciting opportunity to reimagine this property entirely.

Property summary

MLS® number
1038637
Property type
Single Family
Building type
House
Square footage
2,886 sq ft
Title
Freehold
Land size
6336 square feet
Built in
1911
Annual property taxes
$4,574.00
Parking
4 spaces
Days on market
91 days

Features & details

Heating
Other
Cooling
None
Lot features
Corner Site, Other

What would this home cost you?

Based on the $514,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,396 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty (NA), Nanaimo.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.