For Sale: 12 Gillespie Street, Nanaimo, BC - REW
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$589,900
2 bd • 1 ba • 925 sf • House
12 Gillespie Street
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$589,900
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12 Gillespie StreetNanaimo, BC, V9R 6Y3

South Nanaimo
  • 2 Bed
  • 1 Bath
  • 925 Sqft
  • House

About this home

Attention savvy investors or first-time buyers! This charming 2-bedroom, 1-bathroom home offers coastal appeal and functional living near the waterfront. Enjoy 925 sq. ft. of cozy upper-level living featuring a sun-filled country kitchen, all-day ocean views, and the comfort of a newly installed gas-fired forced air furnace and hot water tank. Situated on an over 8571sqft rectangle lot(55.3x155.4ft), this versatile property features a detached powered workshop, garden shed, and a fully fenced yard with dual-side gated parking for excellent privacy and security, ample space for your RV, boat, and multiple vehicles. The full basement is currently used for storage and a secondary workshop, offering excellent future potential. There is also potential for multi-family redevelopment (up to 4 units in R5 zoning—buyer to verify with the City), making this a compelling long-term investment. With strong demand in the area, this is an outstanding opportunity. Vacant for Easy to show!
Listed by: John Zhao PREC*, Sutton Group-West Coast Realty (Nan)

Home facts and features

Price details
List Price
$589,900
Get Pre-Approved
Gross Taxes for 2025
$3,344
Home facts
Bedrooms
2
Full Bathrooms
1
Parking Spaces
6
Parking Details
Additional, Detached, Driveway, On Street, Open, Rv Access/parking
Property Type
House
Lot Size
8572 ft²
Year Built
Built in 1919 (107 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Insulation: Ceiling,Insulation: Walls,Stucco
Heating Type
Forced Air, Natural Gas
Basement Details
Crawl Space,Not Full Height,Unfinished,Walk-Out Access,With Windows
Features
Easy Access, Family-oriented Neighbourhood
Amenities
Shopping Nearby
Appliances
Dishwasher, Dryer, Fridge/Stove/Washer/Dryer, Oven/range, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
Sutton Group-West Coast Realty (Nan)
Listing details
Days on REW
103 Days
Property Views
347
MLS® Number
1026633
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Bayview School
  • Public
  • Pre-K - 7
  • In Catchment
John Barsby Community School
  • Public
  • 8 - 12
Pauline Haarer Elementary School
  • Public
  • K - 7
The High School at VIU
  • Independent
  • 10 - 12
Discover Montessori School
  • Independent
  • K
Quarterway School
  • Public
  • Pre-K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
John Zhao PREC*
Phone:
250-797-8838
Cell:
250-797-8838
Office:
250-756-2112
Fax:
250-756-9144
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.