For Sale: 611 First Street, Nanaimo, BC - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$599,900
3 bd 2 ba 1633 sf House

611 First StreetNanaimo, BC, V9R 1Y8

University District
  • 3 Bed
  • 2 Bath
  • 1633 Sqft
  • House

About this home

**Rare Double-Lot Investment Opportunity w/ Ocean Views under $600,000! & income producing house+ additional accommodation!** Exceptional opportunity in Nanaimo's University District. **two separately titled lots** w/ convenient laneway access, offering immediate rental income & outstanding future potential. Main level features 2 bedrms, 1 bathrm, an open living & dining area, + ocean, city & harbour views from the deck. Lower level offers a self-contained 1-bedrm, 1-bath accommodation, ideal as mortgage helper / investment property. Whether you're an investor or first-time buyer, this property combines affordability w/ redevelopment potential. Two titled lots may offer future single-family or duplex development opportunities, subject to zoning & municipal approvals. Conveniently located minutes from VIU, shopping, restaurants, the waterfront, BC Ferries & floatplane service. Rare opportunity offering exceptional value & long-term upside.(Buyer to verify all information if important)
Listed by
19 years experience
99 Recommendations
Recent transactions

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,063
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
6
Parking Details
Carport, Driveway, On Street, Open
Property Type
House
Lot Size
7440 ft²
Year Built
Built in 1948 (78 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Frame Wood,Stucco
Heating Type
Baseboard
Basement Details
Finished
Features
Central Location, Cleared, Easy Access, Family-oriented Neighbourhood, Landscaped, Level, Near Golf Course, Rectangular Lot, Serviced, Southern Exposure
Amenities
Marina Nearby, Recreation Nearby, Shopping Nearby
Community
Agent details
Primary Agent
Primary Broker
REMAX Professionals (NA)
Listing details
Days on REW
1 Day
MLS® Number
1044831
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

Marco Twin & Marvin Twin

Marco Twin & Marvin Twin

Twin Mortgages | Mortgage Architects Village Mortgage Group

We make home financing simple and stress-free, helping you achieve your goals while saving time and money with care, clarity, and genuine support every step of the way

Connect with a mortgage expert

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
Discover Montessori School
  • Independent
  • K
The High School at VIU
  • Independent
  • 10 - 12
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 2026-08-08.
We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss