374 Nicol, Nanaimo, BC V9R 4T4
NANAIMO · HOUSE

374 Nicol

$394,900Nanaimo, BC V9R 4T4
Book a showing
Active
Price
$394,900
Beds
2
Baths
1
Interior
735 sq ft
Lot
205,559,640 sq ft
Per sq ft
$537

Listing courtesy of Sutton Group-West Coast Realty (Nan)·Listed by Ken Welte·MLS® 1039143·Last updated Sep 29, 2026

About this property

Affordable Opportunity with Redevelopment Potential – COR1 Zoning.

This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential. (id:26452)

Details

Bedrooms
2
Bathrooms
1
Interior area
735 sq ft
Price per sq ft
$537

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Brian McQuhae
RE/MAX Island Properties
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Estimate payments

An estimate only. Rates and terms come from your lender.

Mortgage payment$1,666/mo
Down payment$78,980
Brian McQuhaeRE/MAX Island Properties