C$669,000

619 Pine St, Nanaimo BC, V9R 2C7

Price per sqftC$319.64

Built in1955

Property size2,093 sqft

Property typeResidential

Courtesy of Stonehaus Realty Corp.

Overview

Active

Listed Oct 1, 2026

Updated 3 days ago

Investor opportunity in Nanaimo’s historic Chinatown neighbourhood offering strong current rental income and long-term redevelopment potential. The property generates $3,600/month ($43,200/year) with month-to-month tenants who wish to remain. The generous 9,300 sq. ft. lot and R8 zoning provide substantial future potential, while the character home offers immediate rental appeal. Features include original hardwood floors, coved ceilings, abundant natural light, a bright kitchen with southern Mt. Benson views, spacious living areas, an oversized primary bedroom, and a well-finished 3-bedroom lower suite. Enjoy a private south-facing deck and fenced backyard, plus recent updates including a newer roof, windows, and furnace. Conveniently located near shopping, schools, and transportation. Strong income today. Significant land and redevelopment potential for tomorrow. Measurements approximate; buyer to verify.

Additional information

MLS^® ID: 1051042

Interior Features

Bedrooms: 5
Bathrooms: 2
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.21 Acres

Other Property Details

Taxes: $4,753
Tax Frequency: Annually
View: Yes
Pets Allowed: Yes

Courtesy of Stonehaus Realty Corp., Ian Jivraj

Listing Contact: 604-250-7282

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