For Sale: 374 Nicol Street, Nanaimo, BC - REW
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$394,900
2 bd • 1 ba • 735 sf • House
374 Nicol Street
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$394,900
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374 Nicol StreetNanaimo, BC, V9R 4T4

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

About this home

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.
Listed by: Ken Welte, Sutton Group-West Coast Realty (Nan)

Home facts and features

Price details
List Price
$394,900
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Gross Taxes for 2025
$2,874
Home facts
Bedrooms
2
Full Bathrooms
1
Parking Spaces
2
Parking Details
Driveway, Other
Property Type
House
Lot Size
4719 ft²
Frontage
33 feet
Title
Freehold
Style
Rancher
Exterior Finish
Frame Wood,Wood
Heating Type
Forced Air, Natural Gas
Basement Details
Not Full Height
Community
Agent details
Primary Agent
Primary Broker
Sutton Group-West Coast Realty (Nan)
Listing details
Days on REW
34 Days
Property Views
381
MLS® Number
1039143
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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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-07.
Call Agent
Ken Welte
Phone:
250-751-5630
Cell:
250-751-5630
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.