$499,900 FOR SALE

Detached

Bedrooms: 3Bathrooms: 2

762 Albert St
Nanaimo, BC V9R 2W5 | Old City

Positioned in a rapidly evolving area with R-14 zoning, this property presents a rare opportunity for multifamily or infill development. Whether you’re envisioning a duplex, triplex, or a creative small-scale residential project, this site offers outstanding potential in one of Nanaimo’s most accessible neighbourhoods. Developers and investors will appreciate the combination of strong zoning flexibility, central location, and long-term growth prospects. The existing 3-bedroom, 2-bath character home provides immediate rental or holding value while you plan your next project. Full of natural light and original charm, it features a spacious layout and a comfortable primary suite—making it equally appealing to homeowners seeking a blend of vintage character and modern convenience. Ideally situated just steps from Superette Foods, the downtown bus station, and vibrant downtown Nanaimo, this property places future residents within walking distance of everyday essentials, local shops, and the scenic waterfront. Bring your vision and see the possibilities unfold—this is your chance to secure a prime development parcel with strong upside potential in the heart of Nanaimo. (id:47423)

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Listed By Century 21 Harbour Realty Ltd.
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 1001170
Last Updated Dec 02, 2025
Property Summary
Property Type Detached

More like this:
Neighbourhood Old City
Price History
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Detailed Information
Bedrooms 3
Bathrooms 2
Features Central location, Other, Marine Oriented
Listing Contract Date 2025-05-26
Municipal ID 008-871-680
Ownership Type Freehold
# of Parking Spaces 3
Property Type Single Family
Transaction Type For sale
Zoning Description R-14
Zoning Residential
Building
Architectural Style Other
Constructed Date 1901
Cooling Type None
Fireplace Present Yes
# of Fireplaces 1
Heating Fuel Natural gas
Heating Type Forced air
Total Finished Area 1506.36 sqft
Type House
Rooms
Room Level Dimensions Notes
BathroomMain level4-Piece
BathroomMain level3-Piece
BedroomMain level8'1 x 11'7
BedroomMain level9'6 x 11'6
Primary BedroomMain level14'11 x 10'5
Living roomMain level13'3 x 19'10
DenMain level6'10 x 9'5
KitchenMain level16'2 x 29'3
Land
Total Size 8305 square feet
Size of Irregular Land 8305

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