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$579,000

1092 St. David Cres

Beds

3

Baths

1

Sqft

Year

1949

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Opportunity awaits with this versatile Nanaimo property offering excellent redevelopment and investment potential. Situated on two separately titled lots with COR1 zoning, this unique offering opens the door to a variety of residential and commercial possibilities in a desirable central location. The existing 3-bedroom home offers a solid opportunity for renovation, ideal for buyers looking to update and create a comfortable residence while benefiting from the property's long-term upside. A large detached workshop adds exceptional value, perfect for hobbyists, tradespeople, or anyone needing substantial workspace separate from the home. MEASUREMENTS ARE ONLY APPROXIMATE, MUST BE VERIFIED IF IMPORTANT. With two legal lots and COR1 zoning, the property presents strong redevelopment or mixed-use potential (buyer to verify with the City of Nanaimo). Conveniently located close to amenities, transportation routes, and the Hospital, this is a rare opportunity to secure a flexible property with multiple paths for future value. (id:65958)

Subtype
Single Family
Structure
House
Community
Central Nanaimo
Common interest
Freehold
Living area
1,283 square feet
Lot size
7,405 square feet
Lot dimensions
7405
Parking
4 total
Fireplace
1
On market
Mar 16, 2026
Status changed
Apr 16, 2026
Annual tax
$3,745
Zoning
Residential/Commercial
Photos
20
MLS#
1028900
Area
NANAIMO

Features and systems

Appliances

WasherRefrigeratorStoveDryer

Heating

OilOther

Cooling

None

Lot

Central locationCorner SiteOther

View

City viewMountain view

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Nanaimo. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,842/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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