58 Pine Street Street
$714,999 | Old City, Nanaimo
About this House
Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), shared laundry and shower facilities and 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!
Lot Features Of 58 Pine, Old City, Nanaimo
Landscaped
Listed by Pemberton Holmes Ltd. (Ldy)/Pemberton Holmes Ltd. (Lk Cow).
Want to see it for yourself?
Call Shane at 778.585.5010 or fill out the form below.
Features
- MLS®: 1017806
- Type: House
- Bedrooms: 6
- Bathrooms: 6
- Square Feet: 2,451 sqft
- Lot Size: 6,970 sqft
- Taxes: $4,215 (2025)
- Parking: 6 Driveway, On Street, Open
- Fireplaces: 1
- Year Built: 1930
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Brought to you by your friendly REALTORS® through the MLS® System, courtesy of BrixWork for Realtors for your convenience.