C$394,900

374 Nicol St, Nanaimo BC, V9R 4T4

Price per sqftC$537.28

Property size735 sqft

Property typeResidential

Courtesy of Sutton Group-West Coast Realty (Nan)

Overview

Active

Listed Jun 3, 2026

Updated Jun 4

Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential.

Additional information

MLS^® ID: 1039143

Interior Features

Bedrooms: 2
Bathrooms: 1
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $2,874
Tax Frequency: Annually
Pets Allowed: Yes

Courtesy of Sutton Group-West Coast Realty (Nan), Ken Welte

Listing Contact: 250-751-5630

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