House For Sale In City Center/Protection Island, Nanaimo, British Columbia

$699,999 QuickQuote^TM: $589K - $717K

6 Beds

6 Baths

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58 Pine St, Nanaimo, BC, V9R 2B2

$699,999

6 Beds

6 Baths

Property Information:

Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), shared laundry and shower facilities and common room, perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest!

Property Features:

Bedrooms: 6
Bathrooms: 6
Annual Tax Amount: $4,215
Basement: Full
Built in: 1930
Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Walls, Vinyl Siding
Cooling: Air Conditioning
Fireplace Features: Living Room, Wood Burning Stove
Floor Space (approx): 2660 Square Feet
Flooring: Mixed
Foundation Details: Concrete Perimeter
Heating: Heat Pump
Laundry Features: In House
Lot Features: Landscaped
Lot Frontage: 6969.6 Square Feet
Lot Size: 6969.60 Square Feet
Ownership: Freehold
Parking Features: Driveway, On Street, Open
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Resale
Property Sub Type:
Roof: Fibreglass Shingle
View: Mountain(s)
Water Source: Municipal
Window Features: Insulated Windows
Zoning: SFD
Zoning Description: Residential
Sewer:
No. of Parking Spaces: 6

Rooms:

Other Main Level 3.56 m x 3.63 m
Bedroom Main Level 3.56 m x 3.38 m
Other Main Level 2.59 m x 2.13 m Note: Entrance
Living Main Level 4.24 m x 4.85 m
Kitchen Main Level 3.73 m x 4.95 m
Office Main Level 3.35 m x 4.32 m
Bathroom Main Level
Other Main Level 8.38 m x 5.05 m Note: Deck
Bathroom Other level :Lower
Bathroom Other level :Lower

Convert Measurement to:

Courtesy of: Pemberton Holmes Ltd. (Ldy), Pemberton Holmes Ltd. (Lk Cow)

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.

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QuickQuote^TM

Approximate value for 6 bed, 6 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$699,999

List Price

$588,956

$716,990

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Market Price Trends

All Properties

2.98%

Price change (1 year)

45.26%

Price change (5 years)

Location of 58 Pine St, Nanaimo, BC, V9R 2B2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 58 Pine St , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past

29℃

2050

31.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

93/100

High

ClimateCheck®

Current data

This property, 58 Pine St , experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past

569.5mm

2050

660mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 58 Pine St, Nanaimo, BC, V9R 2B2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$88,721.40

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.42 %

High school certificate or equivalent

31.56 %

Apprenticeship trade certificate/diploma

9.4 %

College/non-university certificate

17.1 %

University certificate (below bachelor)

1.53 %

University Degree

22.98 %

Commuter

Travel To Work

By Car

77.69 %

By Public Transit

5.33 %

By Walking

8.86 %

By Bicycle

2.85 %

By Other Methods

5.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.0 %

Houses

71.0 %

Own Vs. Rent

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Property Information:

Property Features:

Rooms:

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Market Price Trends

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Location of 58 Pine St, Nanaimo, BC, V9R 2B2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 58 Pine St, Nanaimo, BC, V9R 2B2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

58 Pine St, Nanaimo, BC, V9R 2B2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing