674 Farquhar St, Nanaimo, BC V9R 2E5

$495,000
2
BD
1
BA
906
SqFt

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Courtesy of eXp Realty (NA)

List Price
$495,000
Status
ACTIVE
MLS®
1038388
Property Type
Single Family Residential
Year Built
1910
Style
M Lev Ent w/Bsmt
Bedrooms
2
Total baths
1
Living Area
906
Acres
0.10
Lot Size
4,702
District
Nanaimo
Neighbourhood
Na South Nanaimo

Property 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.

Additional Information

Layout
Main Level Entry with Lower Level(s)
Heating
Baseboard, Electric
Roof
Asphalt Shingle
Parking Spaces
4
Exterior Features
Fencing: Partial
Parking Type
Driveway, On Street, RV Access/Parking
Kitchens
1
Laundry Feature
In House
Taxes
$2,984
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

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Calculator source: Real Geeks

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