762 ALBERT STREET

Nanaimo, , V9R2W5, Canada

$499,900

Positioned in a rapidly evolving area with R-14 zoning, this property presents a rare opportunity for multifamily or infill development. Whether you’re envisioning a duplex, triplex, or a creative small-scale residential project, this site offers outstanding potential in one of Nanaimo’s most accessible neighbourhoods. Developers and investors will appreciate the combination of strong zoning flexibility, central location, and long-term growth prospects. The existing 3-bedroom, 2-bath character home provides immediate rental or holding value while you plan your next project. Full of natural light and original charm, it features a spacious layout and a comfortable primary suite—making it equally appealing to homeowners seeking a blend of vintage character and modern convenience. Ideally situated just steps from Superette Foods, the downtown bus station, and vibrant downtown Nanaimo, this property places future residents within walking distance of everyday essentials, local shops, and the scenic waterfront. Bring your vision and see the possibilities unfold—this is your chance to secure a prime development parcel with strong upside potential in the heart of Nanaimo.

Virtual Tour: https://unbranded.youriguide.com/762_albert_st_nanaimo_bc/

Last updated on : Monday 15th of December 2025 11:55:47 AM

ADDRESS

Street : 762 ALBERT STREET

City : Nanaimo

Country : Canada

Postal Code : V9R2W5

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PROPERTY SUMMARY

Property ID : 1001170

Building Type : House

Property Type : Single Family

Bedrooms : 3

Bathrooms : 2

Parking : 3

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