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Renanza Realty
For sale

674 Farquhar St

Nanaimo, British Columbia

MLS® 1038388

$495,000

Status
Active
Property type
House
MLS® number
1038388
Bedrooms
2
Bathrooms
1
Year built
1910

Listing description

With R14 zoning & outstanding redevelopment potential, this property presents an exciting opportunity for builders, investors, & forward-thinking buyers alike. The site offers the flexibility for a variety of multi-family concepts, including modern townhomes, stacked units, or ocean-view residences designed to maximize the setting. Street & alley access further enhance the development possibilities, making this a rare chance to secure a property with significant future upside.

Complementing the potential is a charming, updated single-family home that is move-in ready for immediate enjoyment or rental income. Recent improvements include new flooring, fresh paint, & refreshed bathrooms, creating a bright and welcoming living space filled with character. Whether you’re looking for a comfortable home, a holding property, or your next development project, this property offers exceptional versatility and value.

Measurements are approximate and should be verified if important.

Property summary

MLS® number
1038388
Property type
Single Family
Building type
House
Square footage
906 sq ft
Title
Freehold
Land size
4702 square feet
Built in
1910
Annual property taxes
$2,984.86
Parking
4 spaces
Days on market
92 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
None

What would this home cost you?

Based on the $495,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,303 /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.