$495,000
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674 Farquhar St, Nanaimo

Nanaimo, BC V9R 2E5
MLS® 1038388
2
Bedrooms
1
Bathrooms
906
Sq Ft
1910
Year Built
8
Days on Market

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 Details

Property Type Residential
Property Sub Type Single Family Detached
Listing ID 1038388
Status Active
City Nanaimo
Area Nanaimo
Sub-Area Na South Nanaimo
Postal Code V9R 2E5
Property Taxes $2,984.86 (2025)
Parking Total 4
Zoning R-14
Facing South
Water Municipal
Sewer Sewer Connected
Heating Baseboard,Electric
Exterior Features Fencing: Partial
Construction Frame Wood,Stucco,Wood
Roof Asphalt Shingle
Foundation Poured Concrete
Basement Full,Unfinished
Laundry In House
Listed Date May 28, 2026
Ownership Freehold
Lot Size 0.10 acres

Rooms

Room Level Dimensions Description
Bathroom Main level 4-Piece
Bedroom Main level 9\'1 x 8\'5
Dining room Main level 13\'6 x 9\'0
Kitchen Main level 14\'3 x 7\'10
Living room Main level 18\'8 x 11\'6
Primary Bedroom Main level 10\'5 x 7\'11

Building Details

Heating Baseboard heaters
Heating Fuel Electric
Stories -1

Additional Information

Land Size 4702 sqft
Building Type House
Interior Size 906 sqft
Transaction For sale

Location