Charming Investment with Heritage Soul & Future Promise. Discover a rare gem combining timeless character, income potential, and redevelopment opportunity. This unique property features three distinct living spaces: a main home rich with vintage charm—overheight ceilings, cozy nooks, and warm wood accents—plus a self-contained in-law suite and a whimsical detached cottage, ideal for multigenerational living or rental income. Zoned COR1, it offers exciting development potential in a rapidly growing corridor. Restore its historic beauty or reimagine the site entirely. Enjoy lush, private gardens, a powered studio perfect for creative work or a home office, and front/back porches with Mt. Benson views. Steps from amenities, VIU the Ice Centre and the Aquatic Centre yet feeling like a private retreat, this is more than a home—it’s a vision waiting to be realized. A perfect blend of heart, history, and high potential.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1934
(Age: 91)
Living Area:
3,463 sq. ft.322 m2
Main Building Living Area:
2,645 sq. ft.246 m2
Listing General Location:
Na University District, Nanaimo
Bedrooms:
6
Bathrooms:
4.0
(Full:-/Half:-)
Lot Size:
9,000 sq. ft.836 m2
Kitchens:
3
Home Style:
Character, Heritage
Building Features:
Basement, Transit Nearby
Construction:
Frame Wood, Shingle-Wood
New Construction:
No
Basement:
Not Full Height, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter, Slab
Electricity:
Yes
Roof:
Asphalt Shingle
Other Structures:
Guest Accommodations, Storage Shed, Workshop
Floor finish:
Basement Slab, Mixed
Total Building Area:
3,902 sq. ft.363 m2
Total Unfinished Area:
439 sq. ft.40.8 m2
# Bedrooms or Dens Total:
7
# Main Level Bedrooms:
2
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
1
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
1
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
1
Living Area Lower Floor:
913 sq. ft.84.8 m2
Living Area Main Floor:
1,231 sq. ft.114 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
501 sq. ft.46.5 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
2
Fireplace Details:
Wood Burning, Wood Burning Stove
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Forced Air, Natural Gas, Wood
Fireplace:
Yes
Warranty:
No
F/S/W/D
Dining Room, Eating Area, Storage, Workshop
Wood Frames
Balcony/Deck, Fenced, Fencing: Partial, Garden
Mountain(s)
Corner of Third and Lambert
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Zoning:
COR1
Accessibility:
Primary Bedroom on Main
Bed and Breakfast:
Potential
Number of 2 piece baths:
1
Number of 3 piece baths:
2
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Resale
Utilities:
Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
Data was last updated September 4, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
67
Avg list price:
$699,000
Min list price:
$239,900
Max list price:
$2,969,000
Avg days on market:
62
Min days on market:
3
Max days on market:
226
Avg price per sq.ft.:
$398.79
These statistics are generated based on the current listing's property type
and located in
Na University District. Average values are
derived using median calculations. This data is not produced by the MLS® system.