For Sale: 58 Pine Street, Nanaimo, BC - REW
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$669,900
6 bd 6 ba 2451 sf House

58 Pine StreetNanaimo, BC, V9R 2B2

University District
  • 6 Bed
  • 6 Bath
  • 2451 Sqft
  • House

About this home

Investor Alert – Income Generator in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential & zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level is perfect for owner living with charming character, 2-bedrooms, 1-bath & peek-a-boo ocean views from the big back deck. Downstairs there are 4 x bdrm/studio-style rental units, each with its own entrance & 2-piece bath (no kitchens), shared laundry & shower facilities & a common room - perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest!
Listed by
10 years experience
English
23 Recommendations
Recent transactions

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,215
Home facts
Bedrooms
6
Full Bathrooms
6
Parking Spaces
6
Parking Details
Driveway, On Street, Open
Property Type
House
Lot Size
6970 ft²
Year Built
Built in 1930 (96 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Frame Wood,Insulation: Ceiling,Insulation: Walls,Vinyl Siding
Heating Type
Heat Pump
Cooling
Air Conditioning
Basement Details
Full
Features
Fireplace: Living Room,wood Stove, Landscaped
Community
Agent details
Primary Agent
Primary Broker
Pemberton Holmes Ltd. (Cow Vall)
Secondary Agent
Secondary Broker
Pemberton Holmes Ltd. (Lk Cow)
Tertiary Agent
Tertiary Broker
Pemberton Holmes Ltd. (Cow Vall)
Listing details
Days on REW
65 Days
Property Views
4460
MLS® Number
1030696
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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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Fairview School
  • Public
  • Pre-K - 7
  • In Catchment
Nanaimo District Secondary School
  • Public
  • 8 - 12
  • In Catchment
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
John Barsby Community School
  • Public
  • 8 - 12
Nanaimo Christian School
  • Independent
  • K - 12
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
Sales History data is from public records.
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 2026-06-03.