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.
Address
674 Farquhar St
List Price
$495,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na South Nanaimo
Bedrooms
2
Bathrooms
1
Floor Area
906 Sq. Ft.
Lot Size
4702 Sq. Ft.
Lot Size (Acres)
0.1 Ac.
Year Built
1910
MLS® Number
1038388
Listing Brokerage
eXp Realty (NA)
Basement Area
Full, Unfinished
Postal Code
V9R 2E5
Tax Amount
$2,984.86
Tax Year
2025
Features
Baseboard, Electric
Amenities
Fencing: Partial