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AJ Hazzi

[email protected] +1(250) 717-3133

$ 625,000

Est. payment -/mo

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Price Dropped by $20K

477 Watfield Ave Nanaimo, BC V9R3P6

3 Beds

2 Baths

1,737 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,737 sqft

Price per Sqft $359

Subdivision University District

MLS® Listing ID 1010531

Bedrooms 3

Year Built 1950

Lot Size 8,976 Sqft

Acres 8976.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

This charming University District residence offers a rare blend of vintage character, modern comfort, and exceptional investment opportunity—perfect for first-time home buyers, or long-term rental income. Move-in ready with quick possession available, this property delivers both immediate livability and exciting future value. Set on a nearly 9,000 sqft flat lot with COR1 zoning, the home supports residential, medium-density, or office development (buyer to verify). Inside, you'll find just over 1,300 finished sqft of inviting living space. The main floor features two bright bedrooms, a full bathroom, a cozy living room, and an updated kitchen filled with natural light. Classic 1950s details—coved ceilings, crown mouldings, and warm character accents—add timeless appeal. The lower level extends flexibility with a spacious third bedroom or office and a newer, spa-inspired bathroom—ideal for guests, students, or extended family. A 447 sqft partially finished basement with separate access offers even more potential: additional living area or workshop. Recent upgrades include vinyl windows, a high-efficiency gas furnace (2022), fencing (2025) hot water tank (2025), and dishwasher (2025)—ensuring comfort and peace of mind. Outdoors, the west-facing yard captures beautiful Mount Benson views, creating a peaceful space for gardening, gatherings, or relaxation. Alley access opens possibilities for off-street parking, carriage home, or garden suite development. With Vancouver Island University, schools, parks, transit, and amenities just minutes away, this location is ideal for student housing or long-term tenants. Whether you're planting roots or planning ahead, this home offers character, convenience, and outstanding opportunity. Versatile. Investable. Ready to welcome you home. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Lower level 4-Piece Bathroom

Extra Room 2 Lower level Measurements not available x 7 ft Utility room

Extra Room 3 Lower level 13 ft x Measurements not available Storage

Extra Room 4 Lower level 4'4 x 9'5 Laundry room

Extra Room 5 Lower level 9'10 x 20'2 Bedroom

Extra Room 6 Main level 4-Piece Bathroom

Interior

Heating Forced air,

Cooling None

Exterior

Parking Features No

View Y/N Yes

View Mountain view

Total Parking Spaces 2

Private Pool No

Others

Ownership Freehold

Virtual Tour https://nanaimophotography.hd.pics/477-Watfield-Ave/idx

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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Kelowna, BC, Canada

AJ Hazzi

477 Watfield Ave Nanaimo, BC V9R3P6

Key Details

Location

Rooms

Interior

Exterior

Others

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477 Watfield Ave