Address
674 Farquhar St, Nanaimo, BC
Price
$ 495,000
Property Attributes
  • MLS#1038388
  • TypeSingle Family
  • Listing Status Active
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa South Nanaimo
  • Postal CodeV9R 2E5
  • StyleSingle Family Detached
  • Year Built1910
  • Taxes$ 3231
  • Price$ 495,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage906
  • Lot Size0.1 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

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.

General Features

Living Area 906.00
Sewer Sewer Connected
Heating Baseboard,Electric
Cooling None
Roof Asphalt Shingle
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Zoning R-14
Property Subtype Single Family Detached
Property Type Residential
Parking Total 4
Construction Materials Frame Wood,Stucco,Wood
Zoning Type Multi-Family
Bathrooms Count Main Level 1

Interior Features

Basement Full,Unfinished
Basement Y/N Yes
Total Kitchens 1
Laundry Features In House
Living Area Third 0.00
Living Area Second 0.00
Living Area Other 0.00
Living Area Main 906.00
Living Area Lower 963.00
Kitchens Count Main Level 1
Building Area Unfinished 963.00
Bedrooms Or Dens Total 2
Bedrooms Count Main Level 2
Bath 4 Piece Total 1
Basement Height Feet 7
Basement Height Inches 6

Exterior Features

Building Features Basement,Transit Nearby
Exterior Features Fencing: Partial
Water Source Municipal
Parking Features Driveway,On Street,RV Access/Parking
Foundation Poured Concrete
Building Area Total 1869.00
Lot Size Square Feet 4702.00
Lot Size Acres 0.10
Driveway YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9R 2E5

Price
AVG $540K
$500K
Taxes
AVG $3,315
$3,231
Year Built
AVG 1915
1910
Visits
AVG 220
238
Data Provided by Inside Real Estate®

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