Ideally located near the University, this Fifth Street property comprises two vacant, fully self-contained, attached homes, situated on a low-maintenance 0.13-acre corner lot, offering the savvy investor an excellent investment opportunity with the potential for multiple income streams. Located just 1 km from the VIU campus and an easy 5-minute stroll from the University Village Mall, this pedestrian-friendly area is an attractive and convenient choice for students and renters. With a combined 1,958 sqft of living space, the larger residence (an authorized suite) features three bedrooms, with potential for a fourth, while the smaller suite adds two more bedrooms. A great option for a growing or multigenerational family, a savvy investor, or a combination of both, this ideally located property is sure to tick all the boxes. Don’t miss out on the opportunity to realize the exceptional investment potential this move-in-ready property offers. Verify data and measurements if important.
For sale
C$669,000
315 5th St, Nanaimo, BC V9R 1N6
5beds
2baths
1,958sqft
Single Family Residence
Built in 1943
5,662.8 Square Feet Lot
$-- Zestimate®
C$342/sqft
C$-- HOA
What's special
Corner lotAuthorized suiteThree bedroomsTwo more bedrooms
- 4 days
- on Zillow |
- 12 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 03:59pm
Listed by:
Carlee Jahelka Personal Real Estate Corporation,
Royal LePage Nanaimo Realty (NanIsHwyN),
Devin Jahelka,
Royal LePage Nanaimo Realty (NanIsHwyN)
Source: VIVA,MLS®#: 1008841
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Kitchen
- Level: Main
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Laundry: Inside, In Unit
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,958
- Total interior livable area: 1,958 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Entry location: Main Level
Lot
- Size: 5,662.8 Square Feet
- Features: Central Location, Corner Lot, Shopping Nearby
Details
- Parcel number: 000176192
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Other
- Roof: Asphalt Shingle
Condition
- Resale
- New construction: No
- Year built: 1943
Utilities & green energy
- Water: Municipal
Community & HOA
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$342/sqft
- Tax assessed value: C$588,000
- Annual tax amount: C$3,753
- Date on market: 7/31/2025
- Ownership: Freehold
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