374 Nicol St, Nanaimo
Affordable Opportunity with Redevelopment Potential – COR1 Zoning. This two-bedroom, one-bath home on Nicol Street offers a unique opportunity for the right buyer. The property is well-suited for future redevelopment or land assembly, making it a solid holding investment. The home itself could benefit from some TLC and presents a great chance for a first-time buyer or handy investor to build sweat equity. Access is by easement via the neighboring lot from the alley. The property includes two outbuildings — one approximately 8x12, and another that’s in rougher condition but may be salvageable. This is a great fit for someone with vision who isn’t afraid of a of work. Priced accordingly to reflect the current condition and future potential. (id:1945)
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Property details for 374 Nicol St, Nanaimo
- Type
- Residential
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 735 square feet
- Lot Size
- 4719
- Heating
- Forced air, Natural gas
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $2,874
Nearby Listings Stat
Estimated price and comparable properties near 374 Nicol St
Active Listings
18
Min Price
$154,900
Max Price
$599,900
Avg Price
$392,889
Days on Market
67
days
Sold Listings
7
Min Sold Price
$139,900
Max Sold Price
$599,000
Avg Sold Price
$441,914
Days until Sold
122
days
Price History
Listed
June 3, 2026
by Sutton Group-West Coast Realty (Nan)
Current Price
$394,900
+1.8% from last change
Type
Residential
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $394,900 | +$6,900 (+1.8%) |
| Jun 3, 2026 | $388,000 | Listed |