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880 Hecate St, Nanaimo, BC, V9R 4K6

MLS® # 996776
House For Sale In City Center/Protection Island, Nanaimo, British Columbia
$614,000 QuickQuoteTM: $595K - $798K

3 Beds

3 Baths

880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
880 Hecate St, Nanaimo, BC
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880 Hecate St, Nanaimo, BC, V9R 4K6
$614,000

3 Beds

3 Baths

Property Information:

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.

Property Features:

  • Bedrooms: 3
  • Bathrooms: 3
  • Annual Tax Amount: $5,916
  • Accessibility Features: Accessible Entrance
  • Appliances: Dryer, Range Hood, Refrigerator, Washer
  • Basement: None
  • Built in: 1955
  • Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood
  • Cooling: None
  • Exterior Features: Fencing: Partial
  • Floor Space (approx): 3183 Square Feet
  • Flooring: Laminate, Linoleum
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Laundry Features: In House, In Unit
  • Lot Features: Level
  • Lot Frontage: 9405 Square Feet
  • Lot Size: 9405.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Open
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Road Surface Type: Paved
  • Roof: Asphalt Shingle
  • Utilities: Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Available, Phone Connected, Recycling
  • View: City
  • Water Source: Municipal
  • Window Features: Blinds, Window Coverings
  • Zoning: R15
  • Zoning Description: Residential/Commercial
  • Sewer:
  • No. of Parking Spaces: 10

Rooms:

  • Kitchen Main Level 2.95 m x 2.21 m
  • Living Main Level 9.55 m x 5.82 m
  • Recreation Room Main Level 8.31 m x 7.11 m
  • Other Main Level 4.34 m x 4.37 m Note: Entrance
  • Bathroom Main Level
  • Bathroom Main Level
  • Other 2nd Level 3.51 m x 1.37 m Note: Entrance
  • Living 2nd Level 7.62 m x 4.42 m
  • Kitchen 2nd Level 3.43 m x 3.15 m
  • Other 2nd Level 3.96 m x 3.48 m

Convert Measurement to:

Courtesy of: RE/MAX of Nanaimo

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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Market Price Trends

All Properties

2.98%

Price change (1 year)

45.26%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 880 Hecate St, Nanaimo, BC, V9R 4K6

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, 880 Hecate 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
7
2050
20

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, 880 Hecate 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
12
2050
14

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 880 Hecate St, Nanaimo, BC, V9R 4K6

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

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