C$634,900

58 Pine St, Nanaimo BC, V9R 2B2

Price per sqftC$259.04

Built in1930

Property size2,451 sqft

Property typeResidential

Courtesy of Pemberton Holmes Ltd. (Cow Vall)

Overview

Active

Listed Jun 12, 2026

Updated 2 days ago

Income Generator in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential & zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level is perfect for owner living with charming character, 2-bedrooms, 1-bath & peek-a-boo ocean views from the big back deck. Downstairs there are 4 x bdrm/studio-style rental units, each with its own entrance & 2-piece bath (no kitchens), shared laundry & shower facilities & a 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!

Additional information

MLS^® ID: 1040315

Interior Features

Bedrooms: 6
Bathrooms: 6
Fireplace: Yes
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.16 Acres

Other Property Details

Taxes: $4,215
Tax Frequency: Annually
View: Yes
Pets Allowed: Yes

Courtesy of Pemberton Holmes Ltd. (Cow Vall), Jenney Massey

Listing Contact: 778-971-1517

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