Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
Image 2
Image 3
$540,000

Nanaimo BC, V9R 2C8

MLS® # 1005005

Property Information:

Development-Ready Property with R14 Zoning & Strong Location Opportunity knocks at 680 Pine Street – a well-situated ¼ acre parcel in central Nanaimo with R14 zoning and rear alley access, making this an ideal site for redevelopment. The existing 3-bedroom, 1-bath home offers rental income while you plan. Add a carriage home, duplex, or explore multi-unit options under current zoning allowances. With strong demand for housing and proximity to Vancouver Island University, shopping, restaurants, and transit, this location provides both immediate rental appeal and excellent long-term upside. A strategic acquisition for the experienced investor.

Property Features:

  • Annual Tax Amount: $2,913
  • Floor Space (approx): 10156 Square Feet
  • Lot Frontage: 10156 Square Feet
  • Lot Size: 10156.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family

Courtesy of: REMAX Professionals

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.

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 680 Pine St, Nanaimo, BC, V9R 2C8

Demographic Information of 680 Pine St, Nanaimo, BC, V9R 2C8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,340.89

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.32 %

High school certificate or equivalent

34.66 %

Apprenticeship trade certificate/diploma

10.81 %

College/non-university certificate

14.61 %

University certificate (below bachelor)

2.86 %

University Degree

13.73 %

Commuter

Travel To Work

By Car

74.88 %

By Public Transit

5.48 %

By Walking

12.4 %

By Bicycle

1.21 %

By Other Methods

6.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.33 %

Houses

83.67 %

Own Vs. Rent