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626 Fourth St
Na University District Nanaimo V9R 1V3

$600,000
Residential beds: 2 baths: 1.0 1,582 sq. ft. built: 1948

Main Photo: 626 Fourth St in Nanaimo: Na University District House for sale : MLS®# 960113
Photo 1: 626 Fourth St in Nanaimo: Na University District House for sale : MLS®# 960113
Photo 2: 626 Fourth St in Nanaimo: Na University District House for sale : MLS®# 960113
Status:
Active
Prop. Type:
Residential
MLS® Num:
960113
Bedrooms:
2
Bathrooms:
1
Year Built:
1948
Discover an exceptional chance to acquire a prime development property in Nanaimo's University District. Situated at 622, 626, and 630 Fourth Street, this offering includes three identical lots, each with lane access and cumulatively spanning over 20,000 square feet. Located just a short stroll from the Vancouver Island University campus, this site is perfectly positioned for a potential condominium or rental project that would appeal to faculty, students, and families alike. With the potential to construct 24 units or more, this property presents a profitable opportunity for developers eager to meet the increasing housing demand in the region. Highlighted is a neighboring project on a similar site that successfully underwent rezoning and secured permits within just 7 months, illustrating the potential for rapid project initiation. Don't let this unique opportunity to secure a prime development site in one of Nanaimo's most sought-after locations slip away.
Property Type:
Residential
Type:
Single Family Detached
Year built:
1948 (Age: 76)
Living Area:
1,582 sq. ft.
Auxiliary Building Living Area:
0 sq. ft.
Main Building Living Area:
0 sq. ft.
Listing General Location:
Na University District, Nanaimo
Bedrooms:
2
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
6,958.048 sq. ft.
Kitchens:
1
Taxes:
$3,116.6 / 2023
Construction:
Frame Metal
New Construction:
No
Basement:
Full
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On
Total Building Area:
1,582 sq. ft.
Total Unfinished Area:
0 sq. ft.
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
750 sq. ft.
Living Area Main Floor:
832 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Available
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Warranty:
No
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Living Room
12' × 10'5"
Main Floor
Bedroom - Primary
11' × 11'
Main Floor
Bedroom
11' × 10'5"
Main Floor
Kitchen
14'2" × 11'
Lower Level
Rec Room
28' × 18'
Lower Level
Storage
14' × 12'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
Assessed:
504000.0
Assessment year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 14, PLAN VIP5910, RANGE 5, NANAIMO LAND DISTRICT
Zoning:
RS1
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
South
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Central Location, Family-Oriented Neighbourhood, Rectangular Lot, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Open
Total Parking Spaces:
2
Date Listed:
Apr 10, 2024
Original Price:
600000.0
  • Photo 1: 626 Fourth St in Nanaimo: Na University District House for sale : MLS®# 960113
    Photo 1 of 2
  • Photo 2: 626 Fourth St in Nanaimo: Na University District House for sale : MLS®# 960113
    Photo 2 of 2
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Listed by eXp Realty
Data was last updated May 26, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
56
Avg list price:
$689,900
Min list price:
$214,900
Max list price:
$1,260,000
Avg days on market:
46
Min days on market:
3
Max days on market:
130
Avg price per sq.ft.:
$412.42
These statistics are generated based on the current listing's property type and located in Na University District. Average values are derived using median calculations.
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