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Bryan Pudney

bpudney@rennie.com +1(778) 558-2414

$ 699,000

Est. payment -/mo

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532 Prideaux St Nanaimo, BC V9R 2N7

3 Beds

2 Baths

1,334 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,334 sqft

Price per Sqft $523

MLS Listing ID 996747

Style Main Level Entry with Lower Level(s)

Bedrooms 3

Rental Info Unrestricted

Year Built 1910

Annual Tax Amount $3,291

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Single Family Detached

Property Description

This downtown Nanaimo property offers a rare opportunity for small to mid-scale developers entering the multi-family market. While currently generating rental income as a single-family home, its true value lies in the approved development permit for a fourplex with four three-bedroom units. Each unit features a family-friendly layout, private exterior balcony, and townhouse-style entry. Two units will enjoy limited ocean views. This design balances privacy and community—features today's buyers value. New three-bedroom builds are scarce in Nanaimo, making this project especially appealing. It meets all required parking and exemplifies “missing middle” housing by delivering practical density without sacrificing livability. With approvals in place and attractive floorplans, this is an excellent build-to-sell or build-to-hold opportunity in a market with high demand and low supply. Measurements Approx. Verify if important.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning R15

Rooms

Basement Not Full Height

Main Level Bedrooms 3

Kitchen 1

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Mixed

Heat Source Forced Air, Natural Gas

Laundry In House

Exterior

Parking Features Driveway

View Y/N Yes

View Ocean

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Faces South

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood

Others

Pets Allowed Yes

Tax ID 008-519-501

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by RE/MAX of Nanaimo

Bryan Pudney

Agent | License ID: 6077

+1(778) 558-2414

Bryan Pudney

532 Prideaux St Nanaimo, BC V9R 2N7

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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532 Prideaux St