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473 Watfield Ave
Na University District Nanaimo V9R 3P6

$650,000
Residential beds: 4 baths: 3.0 1,801 sq. ft. built: 1951

Main Photo: 473 Watfield Ave in Nanaimo: Na University District Full Duplex for sale : MLS®# 1014252
Photo 1: 473 Watfield Ave in Nanaimo: Na University District Full Duplex for sale : MLS®# 1014252
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1014252
Bedrooms:
4
Bathrooms:
3
Year Built:
1951
Welcome to this versatile property offering three separate living spaces in a prime location! The main duplex features a 2-bedroom unit with a separate entrance and a 1-bedroom unit, plus there’s a detached carriage home studio with 1 bedroom—perfect for rental income, or guests. Situated on a quiet road with alley access, the property provides ample parking, including space for an RV or boat. The COR 1 zoning presents excellent future development potential, making this a smart investment opportunity. Outdoors, you’ll find mature landscaping with fruit trees, creating a private and welcoming setting. All this is within walking distance to VIU, University Plaza, transit, shopping, and amenities, offering convenience for students, families, and professionals alike. Whether you’re seeking an investment property or a flexible multi-generational living arrangement, this unique offering delivers exceptional value and endless possibilities. Msmts are approx, verify if important.
Property Type:
Residential
Type:
Full Duplex
Year built:
1951 (Age: 74)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,801 sq. ft.
Auxiliary Building Living Area:
676 sq. ft.
Main Building Living Area:
1,125 sq. ft.
Listing General Location:
Na University District, Nanaimo
Bedrooms:
4
Bathrooms:
3.0 (Full:-/Half:-)
Lot Size:
7,920 sq. ft.
Kitchens:
3
Taxes:
Construction:
Vinyl Siding
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Levels:
2
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
1,846 sq. ft.
Total Unfinished Area:
45 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
1
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
1
# Main Level Kitchens:
2
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
1
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,125 sq. ft.
Living Area Other Floor:
676 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Gas
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Natural Gas
Fireplace:
Yes
Pending Date:
F/S/W/D
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Other
Other
Other
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Other
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
COR1
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
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:
Tenant
Property Condition:
Resale
Exposure / Faces:
Northeast
Layout:
Duplex Side/Side
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Street, Open
Total Parking Spaces:
4
Total Units:
Date Listed:
Sep 18, 2025
Original Price:
650000.0
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Virtual Tour

Listed by eXp Realty (NA)
Data was last updated September 22, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$699,000
Min list price:
$299,000
Max list price:
$2,969,000
Avg days on market:
67
Min days on market:
4
Max days on market:
244
Avg price per sq.ft.:
$399.94
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.

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All Victoria BC Duplex Listings For Sale $400K-$500K

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.