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Main Photo: 847 Victoria St in Nanaimo: Na South Nanaimo Multi Family for sale : MLS®# 981130
Photo 1: 847 Victoria St in Nanaimo: Na South Nanaimo Multi Family for sale : MLS®# 981130
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
981130
Welcome to 847 Victoria Road and 849 Garden Street! This is your chance to jump into real estate investing with two lots, two titles, and a home that’s already income-ready with a spacious suite. The upstairs offers 3 bedrooms, 2 full bathrooms, and an open-concept living, dining, and kitchen area—perfect for tenants or homeowners. Downstairs, the suite boasts 2 additional bedrooms, another bathroom, and tons of room to appeal to renters. You’ll also love the massive detached garage/shop with electricity—ideal for storage or projects. Zoned R5 and sitting on over 16,000 sq ft, this property is loaded with potential for your next big idea (pending city approval). Don’t miss out—opportunities like this are rare! All measurements are approximate.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na South Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
16,000 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
2,151 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
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:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Nov 20, 2024
Original Price:
785000.0
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Listed by RE/MAX of Nanaimo
Data was last updated November 24, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
100
Avg list price:
$1,143,625
Min list price:
$23
Max list price:
$11,500,000
Avg days on market:
77
Min days on market:
2
Max days on market:
536
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.

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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.