Opportunity awaits with this versatile Nanaimo property offering excellent redevelopment and investment potential. Situated on two separately titled lots with COR1 zoning, this unique offering opens the door to a variety of residential and commercial possibilities in a desirable central location.
The existing 3-bedroom home offers a solid opportunity for renovation, ideal for buyers looking to update and create a comfortable residence while benefiting from the property's long-term upside.
A large detached workshop adds exceptional value, perfect for hobbyists, tradespeople, or anyone needing substantial workspace separate from the home.
MEASUREMENTS ARE ONLY APPROXIMATE, MUST BE VERIFIED IF IMPORTANT.
With two legal lots and COR1 zoning, the property presents strong redevelopment or mixed-use potential (buyer to verify with the City of Nanaimo).
Conveniently located close to amenities, transportation routes, and the Hospital, this is a rare opportunity to secure a flexible property with multiple paths for future value.
Address
1092 St. David Cres
List Price
$579,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Bedrooms
3
Bathrooms
1
Floor Area
1,283 Sq. Ft.
Lot Size
7405.2 Sq. Ft.
Lot Size (Acres)
0.17 Ac.
Year Built
1949
MLS® Number
1028900
Listing Brokerage
eXp Realty (NA)
Basement Area
Partially Finished, Walk-Out Access, With Windows
Postal Code
V9S 2J2
Tax Amount
$3,745.00
Tax Year
2025
Features
Aluminum Frames, Dining Room, F/S/W/D, Mixed, Mixed, Oil, Workshop
Amenities
Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Garden, Shopping Nearby, Workshop