674 Farquhar St, Nanaimo
$495,000 · 2 Bed 1 Bath
About this property
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. (id:66939)
Property details
- Price
- $495,000
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 906 square feet
- Lot size
- 4702 square feet
- Parking
- 4
- Year built
- 1910
- Property type
- Single Family
- MLS® number
- 1038388
Location
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Review my home valueListing courtesy of eXp Realty (NA). Source board: Vancouver Island Real Estate Board.
Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.