Discover a rare investment gem with this 1934 character home offering three separate living spaces, ideal for multigenerational living or strong income potential. The main home retains its vintage charm with cozy nooks, warm wood accents, and overheight ceilings, while the in-law suite and whimsical detached cottage offer flexibility for guests, rentals, or grown-up kids. The property is zoned COR1, making it a smart choice for developers seeking future value in a growing area. Enjoy front and back porches with views of Mt. Benson, a powered studio for hobbies or home office, and lush, private gardens. Full of personality and possibilities, this home blends current rental income options with long-term development potential, all while offering that hard-to-find storybook charm. Steps from amenities but with the cozy vibe of a retreat, this is your chance to own a flexible property with heart—and a future.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1934
(Age: 91)
Living Area:
3,463 sq. ft.322 m2
Auxiliary Building Living Area:
818 sq. ft.76 m2
Main Building Living Area:
2,645 sq. ft.246 m2
Listing General Location:
Na University District, Nanaimo
Bedrooms:
6
Bathrooms:
4.0
(Full:-/Half:-)
Lot Size:
9,000 sq. ft.836 m2
Kitchens:
3
Home Style:
Character, Heritage
Taxes:
$4,735 /
2024
Building Features:
Basement, Transit Nearby
Construction:
Frame Wood, Shingle-Wood
New Construction:
No
Basement:
Not Full Height, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter, Slab
Electricity:
Yes
Roof:
Asphalt Shingle
Other Structures:
Guest Accommodations, Storage Shed, Workshop
Floor finish:
Basement Slab, Mixed
Total Building Area:
3,902 sq. ft.363 m2
Total Unfinished Area:
439 sq. ft.40.8 m2
# Bedrooms or Dens Total:
7
# Main Level Bedrooms:
2
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
1
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
1
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
1
Living Area Lower Floor:
913 sq. ft.84.8 m2
Living Area Main Floor:
1,231 sq. ft.114 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
501 sq. ft.46.5 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
2
Fireplace Details:
Wood Burning, Wood Burning Stove
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
Exists
Cooling:
None
Heating:
Baseboard, Forced Air, Natural Gas, Wood
Fireplace:
Yes
Warranty:
No
F/S/W/D
Dining Room, Eating Area, Storage, Workshop
Wood Frames
Balcony/Deck, Fenced, Fencing: Partial, Garden
Mountain(s)
Corner of Third and Lambert
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Eating Nook
7'11"2.41 m × 6'4"1.93 m
Main Floor
Living Room
17'1"5.21 m × 15'10"4.83 m
Main Floor
Dining Room
13'6"4.11 m × 13'4"4.06 m
Main Floor
Kitchen
13'6"4.11 m × 10'1"3.07 m
Main Floor
Entrance
7'1"2.16 m × 6'11"2.11 m
Main Floor
Bedroom - Primary
11'11"3.63 m × 11'7"3.53 m
Main Floor
Bedroom - Primary
11'8"3.56 m × 11'8"3.56 m
2nd Floor
Bedroom
13'10"4.22 m × 12'7"3.84 m
2nd Floor
Bedroom
13'8"4.17 m × 12'7"3.84 m
Lower Level
Kitchen
12'3.66 m × 11'3.35 m
Lower Level
Family Room
23'1"7.04 m × 19'9"6.02 m
Lower Level
Bedroom
12'8"3.86 m × 9'7"2.92 m
Lower Level
Den
11'9"3.58 m × 7'4"2.24 m
Lower Level
Laundry
25'3"7.70 m × 9'2.74 m
Lower Level
Storage
11'9"3.58 m × 2'8".81 m
Lower Level
Utility Room
17'3"5.26 m × 4'2"1.27 m
Lower Level
Utility Room
20'4"6.20 m × 3'7"1.09 m
Other
Living-Aux Bldg
22'6"6.86 m × 13'1"3.99 m
Other
Other-Aux Bldg
10'4"3.15 m × 7'8"2.34 m
Other
Bdrm Prim-Aux Bldg
12'4"3.76 m × 6'8"2.03 m
Other
Kitchen-Aux Bldg
10'4"3.15 m × 9'2"2.79 m
Other
Dining-Aux Bldg
11'4"3.45 m × 10'1"3.07 m
Floor
Ensuite
Pieces
Other
Main Floor
No
3
8'5" x 7'9" 3-Piece
Lower Level
No
3
15'3" x 10'1" 3-Piece
Lower Level
No
2
5'10" x 7'9" 2-Piece
Other
No
4
10'4" x 9'5" 4-Piece
Assessed:
771000.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
Parcel A (DD401700I) of Lot 4, Section 1, Nanaimo District, Plan 16090
Zoning:
COR1
Accessibility:
Primary Bedroom on Main
Bed and Breakfast:
Potential
Number of 2 piece baths:
1
Number of 3 piece baths:
2
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Resale
Utilities:
Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
Data was last updated July 18, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
82
Avg list price:
$675,000
Min list price:
$139,900
Max list price:
$2,969,000
Avg days on market:
40
Min days on market:
1
Max days on market:
178
Avg price per sq.ft.:
$407.65
These statistics are generated based on the current listing's property type
and located in
Na University District. Average values are
derived using median calculations. This data is not produced by the MLS® system.