674 Farquhar St
House for sale in Nanaimo — $495,000
Key facts
- Type: House
- Price: $495,000
- Bedrooms: 2
- Bathrooms: 1
- Living area: 906 sq ft
- Lot: 4,702 sq ft
- Year built: 1910
- City: Nanaimo
- MLS® number: 1038388
- Agent: Century 21
- Brokerage: Century 21 Canada
Description
With R14 zoning & outstanding redevelopment potential, this property presents an exciting opportunity for builders, investors, & forward-thinking buyers alike. The site offers the flexibility for a variety of multi-family concepts, including modern townhomes, stacked units, or ocean-view residences designed to maximize the setting. Street & alley access further enhance the development possibilities, making this a rare chance to secure a property with significant future upside. Complementing the potential is a charming, updated single-family home that is move-in ready for immediate enjoyment or rental income. Recent improvements include new flooring, fresh paint, & refreshed bathrooms, creating a bright and welcoming living space filled with character. Whether you’re looking for a comfortable home, a holding property, or your next development project, this property offers exceptional versatility and value. Measurements are approximate and should be verified if important.