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374 Nicol St
Na South Nanaimo Nanaimo V9R 4T4

$407,000
Residential beds: 2 baths: 1.0 735 sq. ft.

Main Photo: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 1: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 2: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 3: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 4: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 5: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 6: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 7: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 8: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
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Photo 11: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 12: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
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Photo 15: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 16: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 17: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 18: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Photo 19: 374 Nicol St in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1003724
Status:
Active
Prop. Type:
Residential
MLS® Num:
1003724
Bedrooms:
2
Bathrooms:
1
Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential.
Property Type:
Residential
Type:
Single Family Residence
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
735 sq. ft.
Listing General Location:
Na South Nanaimo, Nanaimo
Bedrooms:
2
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
4,719 sq. ft.
Lot Details:
33 x 143
Kitchens:
1
Taxes:
Construction:
Frame Wood, Wood
New Construction:
No
Basement:
Not Full Height
Foundation:
Other
Roof:
Asphalt Shingle
Levels:
1
Other Structures:
Workshop
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
735 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# 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:
0 sq. ft.
Living Area Main Floor:
735 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 Connected
Cooling:
None
Heating:
Forced Air, Natural Gas
Fireplace:
No
Pending Date:
Ground Level
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
COR1
Units in Building:
Units in Community:
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
Occupancy:
Owner
Property Condition:
Fixer, Resale
Exposure / Faces:
East
Layout:
Rancher
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, Other
Total Parking Spaces:
2
Total Units:
Date Listed:
Jul 02, 2025
Original Price:
407000.0
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated July 3, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
117
Avg list price:
$664,500
Min list price:
$174,900
Max list price:
$21,000,000
Avg days on market:
44
Min days on market:
1
Max days on market:
459
Avg price per sq.ft.:
$406.45
These statistics are generated based on the current listing's property type and located in Na South Nanaimo. Average values are derived using median calculations.
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.