528 Hecate St, Nanaimo, BC V9R 4K2

$514,900
6
BD
3
BA
2,886
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of eXp Realty (NA)

List Price
$514,900
Status
ACTIVE
MLS®
1038637
Property Type
Single Family Residential
Year Built
1911
Style
2 Storey-Main Lev Ent
Bedrooms
6
Total baths
3
Living Area
2,886
Acres
0.14
Lot Size
6,336
District
Nanaimo
Neighbourhood
Na Old City

Property Description

This one is NOT for the faint of heart but it’s a heck of a development opportunity! Just around the corner from the historic Nob Hill park, adjacent the old city quarter and just minutes away from every transportation option to the mainland you’ll find 528 Hecate St. Sitting on a 6,336 sq ft corner lot with R15 Old City Medium Density Residential zoning in place, this property opens the door for redevelopment ideas in an area that continues to evolve. Although the current home has been boarded up for safety, the opportunity here is all about the land, location, and future potential. A demolition quote is available for buyers looking to start fresh. If bringing this 1911 home back to life IS possible there’s currently over 2,800 square feet of structure on site plus an additional unauthorized dwelling at the rear of the property. This is definitely a project… but for the right buyer, builder, or developer, there may be an exciting opportunity to reimagine this property entirely.

Additional Information

Layout
Main Level Entry with Upper Level(s)
Lot Features
Corner Lot, Recreation Nearby, Shopping Nearby
Heating
Other
Roof
Metal
Parking Spaces
4
Additional Accomodation
Potential
Parking Type
Driveway, On Street
Kitchens
1
Laundry Feature
None
Taxes
$4,574
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.