58 Pine St
Nanaimo
V9R 2B2
$649,900
Residential
beds: 6
baths: 6.0
2,451 sq. ft.
built: 1930
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1040315
- Bedrooms:
- 6
- Bathrooms:
- 6
- Year Built:
- 1930
- Photos (67)
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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!
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1930 (Age: 96)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,451 sq. ft.
- Listing General Location:
- Na Old City, Nanaimo
- Bedrooms:
- 6
- Bathrooms:
- 6.0 (Full:-/Half:-)
- Lot Size:
- 6,970 sq. ft.
- Kitchens:
- 1
- Taxes:
- Signup
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Vinyl Siding
- New Construction:
- No
- Basement:
- Full
- Foundation:
- Concrete Perimeter
- Roof:
- Fibreglass Shingle
- Levels:
- 1
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,660 sq. ft.
- Total Unfinished Area:
- 209 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 6
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 4
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 5
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,450 sq. ft.
- Living Area Main Floor:
- 1,210 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Living Room, Wood Burning Stove
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning
- Heating:
- Heat Pump
- Fireplace:
- Yes
- Pending Date:
- Signup
- Insulated Windows
- Mountain(s), Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 4
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- South
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Landscaped
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway, On Street, Open
- Total Parking Spaces:
- 6
- Total Units:
- Signup
- Date Listed:
- Jun 12, 2026
- Original Price:
- 649900.0
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Listed by Pemberton Holmes Ltd. (Cow Vall) and Pemberton Holmes Ltd. (Lk Cow)
Data was last updated June 13, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 72
- Avg list price:
- $539,500
- Min list price:
- $185,000
- Max list price:
- $1,190,000
- Avg days on market:
- 46
- Min days on market:
- 1
- Max days on market:
- 550
- Avg price per sq.ft.:
- $467.33
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- KARRIE BRENNAN
- PEMBERTON HOLMES LTD. Duncan & Nanaimo
- 1 (250) 709 7642
- karriebrennan4@gmail.com
PEMBERTON HOLMES NANAIMO & DUNCAN
Location
640 Terminal Ave North, Nanaimo, BC V9S 4K2
23 Queens Rd, Duncan, BC, V9L 2W1