A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 486 WAKESIAH AVENUE, Nanaimo British Columbia V9R3K9
24 days on Market

486 WAKESIAH AVENUE, Nanaimo, British Columbia V9R3K9

Detached
2
1
~540 sqft
$485,000
Get pre-qualifiedPowered by nesto
Detached
2
1
~540 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market24 days

Estimated valueNot available

Price/Sqft$898/sqft

Monthly cost

Open Calculator

Description

Located directly across from the University, this is a great little starter home or rental income property with loads of potential. Set on a generously sized lot with convenient laneway access, the property offers easy entry to the rear yard—ideal for multiple parking spots, outdoor entertaining, a children’s play area, pets, or future additions. This is a smart choice for first-time buyers, investors, or anyone looking for an affordable entry point into the market with room to grow. The home provides a comfortable and livable space as is, with strong revenue potential and excellent upside for future development opportunities, including the possibility of a lane-accessed carriage house (subject to local approvals). The location couldn’t be better—just steps from University Village Mall and right on a major bus route, offering quick access to shopping, dining, and transit. A rare find at this price point, offering flexibility, functionality, and a solid path toward long-term value. Showings are available Fridays and Saturdays from 1:00 PM to 3:00 PM by appointment only. Contact us today to schedule your private viewing. OR Purchase with the adjacent property 474 Wakesiah MLS #1007812 for future development such as student housing or condo project. All measurements and other data must be verified if deemed important. (id:39198)


Property Details

StyleHouse
ViewMountain view
Age of property1948
SqFt~540 SqFt
Lot Size-
Parking Spaces5
MLS ®Number1008818
Community NameHarewood
Data SourceCREA
Listing bySutton Group-West Coast Realty (Nan)

Features

Heating: Electric

Main level Floor

Porch

15'0 x 4'0

Living room

13'9 x 11'9

Bedroom

9'5 x 9'2

Kitchen

10'6 x 8'6


Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Jul 30, 2025
ListedActive
$485,000
24 days on market
history photo preview9
Listing by crea®
Property listed by Sutton Group-West Coast Realty (Nan), Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 7735
Average household income $90,996

Age (%)

0 to 19
19%
20 to 34
26%
35 to 49
19%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single family
48%
Single person
40%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
Punjabi (Panjabi)
2%
French
1%
Arabic
1%
Mandarin
1%

House tenancy (%)

Owners
53%
Renters
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

Powered by:
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.