House
6 Bedrooms
6 Bathrooms
Size: 2,451 sqft
Built in 1930
$714,999
About this House in Old City
Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), sha…red laundry and shower facilities and common room, perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest!Lot Features Of 58 Pine, Old City, Nanaimo
Landscaped
Listed by Pemberton Holmes Ltd. (Ldy)/Pemberton Holmes Ltd. (Lk Cow).
Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), shared laundry and shower facilities and common room, perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest!
Lot Features Of 58 Pine, Old City, Nanaimo
Landscaped
Listed by Pemberton Holmes Ltd. (Ldy)/Pemberton Holmes Ltd. (Lk Cow).
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®: 1017806
- Bedrooms: 6
- Bathrooms: 6
- Type: House
- Size: 2,451 sqft
- Lot Size: 6,970 sqft
- Taxes: $4,215 (2025)
- Parking: 6 Driveway, On Street, Open
- Fireplaces: 1
- Year Built: 1930
More about Old City, Nanaimo
Latitude: 49.16840233
Longitude: -123.95125425