C$474,900

674 Farquhar St, Nanaimo BC, V9R 2E5

Price per sqftC$524.17

Built in1910

Property size906 sqft

Property typeResidential

Courtesy of eXp Realty (NA)

Overview

Active

Listed May 28, 2026

Updated 4 days ago

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.

Additional information

MLS^® ID: 1038388

Interior Features

Bedrooms: 2
Bathrooms: 1
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $3,232
Tax Frequency: Annually
Pets Allowed: Yes

Courtesy of eXp Realty (NA), Jason Simard

Listing Contact: 778-269-1288

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