This 2,500+ sq ft ocean-view home offers a rare blend of character, space, and future potential. Built in 1939, it features many original details that add warmth and charm, paired with practical upgrades like a ductless heat pump for efficient comfort. The main floor living area is anchored by a classic fireplace, while the lower level includes a woodstove, abundant storage, and an in-house workshop—ideal for hobbies, projects, or added functionality. With 3 bedrooms and 3 bathrooms, the layout provides flexibility or creative use of space. Centrally located and zoned COR2, this property presents exciting opportunities for redevelopment, mixed-use possibilities, or long-term value appreciation (buyer to do their own diligence), making it an excellent option for investors or first-time buyers looking to build equity in a central location.
Data was last updated January 8, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$499,800
Min list price:
$195,000
Max list price:
$1,080,000
Avg days on market:
67
Min days on market:
2
Max days on market:
248
Avg price per sq.ft.:
$409.62
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.