Practical opportunity awaits in South Nanaimo with this high-potential redevelopment lot. Set back from the road, this level, easy-to-build-on property offers an ideal canvas for future development plans. The home features 2bd/1ba up and a 1bd/1ba lower suite—perfect for temporary rental income while you secure your development permits. Incredible practical utility is already in place with a large workshop/garage, shed, and RV parking, catering perfectly to trades, hobbies, or storage. Located in a high-demand rental area, the location ensures effortless daily convenience close to VIU, schools, parks, transit, and downtown shops. This property offers an exceptional long-term opportunity, allowing you to collect rent while finalizing your future vision. Scheduled visits only.
Address
713 Victoria Rd
List Price
$350,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na South Nanaimo
Bedrooms
3
Bathrooms
2
Floor Area
1,698 Sq. Ft.
Lot Size
6850 Sq. Ft.
Lot Size (Acres)
0.16 Ac.
Year Built
1959
MLS® Number
1047992
Listing Brokerage
eXp Realty (NA)
Basement Area
Full
Postal Code
V9R 4R6
Tax Amount
$4,111.10
Tax Year
2025
Features
Forced Air, Mixed, Oil, Wood
Amenities
Recreation Nearby
