674 Farquhar St Nanaimo, British Columbia V9R 2E5
$495,000
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. (id:63476)
Property Details
| MLS® Number | 1038388 |
| Property Type | Single Family |
| Neigbourhood | South Nanaimo |
| Parking Space Total | 4 |
| Plan | Vip584 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Constructed Date | 1910 |
| Cooling Type | None |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 906 Sqft |
| Type | House |
Land
| Acreage | No |
| Size Irregular | 4702 |
| Size Total | 4702 Sqft |
| Size Total Text | 4702 Sqft |
| Zoning Description | R-14 |
| Zoning Type | Multi-family |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Storage | 19'6 x 9'7 | ||
| Lower Level | Storage | 14'11 x 10'4 | ||
| Lower Level | Storage | 42'7 x 19'11 | ||
| Main Level | Bedroom | 9'1 x 8'5 | ||
| Main Level | Kitchen | 14'3 x 7'10 | ||
| Main Level | Dining Room | 13'6 x 9'0 | ||
| Main Level | Primary Bedroom | 10'5 x 7'11 | ||
| Main Level | Living Room | 18'8 x 11'6 | ||
| Main Level | Bathroom | 4-Piece |
Contact Us
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May 28 2026 07:02:53
Vancouver Island Real Estate Board
Exp Realty (Na)