Prime Development Opportunity in South Nanaimo Located within walking distance from downtown Nanaimo, this exceptional property presents a unique investment opportunity. Currently, the property includes a commercial space on the main floor and a 2-bedroom rental suite above, providing immediate rental income. What truly sets this property apart is the approved development permit for a Craftsman-inspired, 2.5-story "missing middle" housing project. Plans include four 1-bedroom and four 2-bedroom units, many featuring rooftop balcony access. This provides a fantastic opportunity for a developer to create a modern, high-demand multifamily property in a prime location. Don't miss this chance to invest in a property that offers both immediate returns and future development potential. All Measurements Approx. Verify if Important.
For sale
C$614,000
880 Hecate St, Nanaimo, BC V9R 4K6
3beds
3baths
3,183sqft
Single Family Residence
Built in 1955
9,583.2 Square Feet Lot
$-- Zestimate®
C$193/sqft
C$-- HOA
What's special
Rooftop balcony access
- 224 days |
- 34 |
- 0 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 10:42am
Listed by:
Kelly Whitton Personal Real Estate Corporation,
REMAX Professionals (NA)
Source: VIVA,MLS®#: 996776
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Main level bathrooms: 2
Kitchen
- Level: Main,Second
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dryer, Range Hood, Refrigerator, Washer
- Laundry: Inside, In Unit
Features
- Flooring: Laminate, Linoleum
- Windows: Blinds, Window Coverings
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,183
- Total interior livable area: 3,183 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Entry location: Main Level
- Fencing: Partial
- Has view: Yes
- View description: City
Lot
- Size: 9,583.2 Square Feet
- Features: Level
Details
- Parcel number: 008811679
- Zoning: R15
- Zoning description: Residential/Commercial
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Resale
- New construction: No
- Year built: 1955
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Available, Phone Connected, Recycling
Community & HOA
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$193/sqft
- Tax assessed value: C$579,700
- Annual tax amount: C$5,916
- Date on market: 5/1/2025
- Ownership: Freehold
- Electric utility on property: Yes
- Road surface type: Paved
Kelly Whitton Personal Real Estate Corporation
(250) 933-5333
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Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Price change | C$614,000-5.4%C$193/sqft |
Source: VIVA #996776 Report a problem | ||
| 8/22/2025 | Price change | C$649,000-7.2%C$204/sqft |
Source: VIVA #996776 Report a problem | ||
| 6/25/2025 | Price change | C$699,000-12.5%C$220/sqft |
Source: VIVA #996776 Report a problem | ||
| 5/1/2025 | Listed for sale | C$799,000C$251/sqft |
Source: VIVA #996776 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: City Centre
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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