486 Wakesiah Ave Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R3K9
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 540 sqft
Price per Sqft $898
Subdivision South Nanaimo
MLS Listing ID 1008818
Style Character
Bedrooms 2
Year Built 1948
Lot Size 6,900 Sqft
Property Sub-Type Freehold
Property Description
Located directly across from the University, this is a great little starter home or rental income property with loads of potential. Set on a generously sized lot with convenient laneway access, the property offers easy entry to the rear yard—ideal for multiple parking spots, outdoor entertaining, a children's play area, pets, or future additions. This is a smart choice for first-time buyers, investors, or anyone looking for an affordable entry point into the market with room to grow. The home provides a comfortable and livable space as is, with strong revenue potential and excellent upside for future development opportunities, including the possibility of a lane-accessed carriage house (subject to local approvals). The location couldn't be better—just steps from University Village Mall and right on a major bus route, offering quick access to shopping, dining, and transit. A rare find at this price point, offering flexibility, functionality, and a solid path toward long-term value. Showings are available Fridays and Saturdays from 1:00 PM to 3:00 PM by appointment only. Contact us today to schedule your private viewing. OR Purchase with the adjacent property 474 Wakesiah MLS #1007812 for future development such as student housing or condo project. All measurements and other data must be verified if deemed important. (id:24570)
Location
Province BC
Zoning Residential
Rooms
Kitchen 1.0
Interior
Cooling None
Exterior
Parking Features No
View Y/N Yes
View Mountain view