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Dashboard
- 3 Beds
- 3 Baths
- 3,183 Sqft
- .22 Acres
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880 Hecate St
– $614,000
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.
Essential Information
- MLS® #996776
- Price$614,000
- Bedrooms3
- Bathrooms3
- Square Footage3,183
- Acres0.22
- Year Built1955
- TypeResidential
- Sub-TypeSingle Family Detached
- StatusActive
- Taxes$5,916
- Tax Year2024
Community Information
- Address880 Hecate St
- AreaNa Old City
- CityNanaimo
- CountyNanaimo, City of
- ProvinceBC
- Postal CodeV9R 4K6
Amenities
- Parking Spaces10
- ParkingOpen
- ViewCity
Utilities
Cable To Lot, Compost, Electricity To Lot, Garbage, Natural Gas Available, Phone To Lot, Recycling
Interior
- HeatingBaseboard
- CoolingNone
Appliances
Dryer, Range Hood, Refrigerator, Washer
Exterior
- Exterior FeaturesFencing: Partial
- WindowsBlinds, Window Coverings
- RoofAsphalt Shingle
- FoundationPoured Concrete
Construction
Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood
Additional Information
- Listing OfficeRE/MAX of Nanaimo
- Date ListedMay 1st, 2025
- Days on Market224
- ZoningR15
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.