Large 798 sq.m COR1 corner lot with redevelopment potential is now offered in Nanaimo. This 6-bedroom, 2-bathroom home is mid-renovation and ready for the next owner to take over and bring their vision to life. Preparation work has already been completed, including hazardous materials remediation, new insulation, and plumbing and electrical upgrades underway.
The spacious layout offers flexibility across multiple levels, while the large corner lot presents potential opportunities under COR1 zoning (buyer to verify with the City of Nanaimo). The property also includes a single garage.
Exterior improvements completed by the current owner include new fencing, stonework, and all new garden beds, enhancing the outdoor space.
The home offers a rare opportunity for investors, builders, or buyers looking to complete a renovation project, add value and create something truly special.
Measurements are approximate and should be verified if important. Some photos have been virtually staged to illustrate potential.
Address
440 Nicol St
List Price
$650,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Character
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na South Nanaimo
Bedrooms
6
Bathrooms
2
Lot Size
8592 Sq. Ft.
Lot Size (Acres)
0.2 Ac.
Year Built
1948
MLS® Number
1030626
Listing Brokerage
REMAX Professionals (NA)
Basement Area
Unfinished, With Windows
Postal Code
V9R 4T6
Tax Amount
$3,097.48
Tax Year
2025
Features
Baseboard, Electric
Amenities
Central Location, Corner Lot, Easy Access, Fencing: Partial, Level, Marina Nearby, Rectangular Lot, Shopping Nearby, Southern Exposure
