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58 Pine Street, Old City, Nanaimo (1017806)

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58 Pine Street Old City, Nanaimo

6 bedrooms | 6 bathrooms | 2,451 sqft living area | 6,970 sqft lot | $714,999

58 Pine Street, Old City, Nanaimo
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6 bedrooms | 6 bathrooms | 2,451 sqft living area | 6,970 sqft lot | $714,999

About This House

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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

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Listed by Pemberton Holmes Ltd. (Ldy)/Pemberton Holmes Ltd. (Lk Cow).

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Jahelka Real Estate Group for your convenience.

Disclaimer: This representation is based in whole or in part on data generated by the VIREB Vancouver Island Real Estate Board which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.

 
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  • MLS® : 1017806
  • Type : House
  • Bedrooms : 6
  • Bathrooms : 6
  • Square Feet : 2,451 sqft
  • Lot Size : 6,970 sqft
  • Taxes : $4,215 (2025)
  • Parking : 6 Driveway, On Street, Open
  • Fireplaces : 1
  • Year Built : 1930

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