Homes for sale - 477 Watfield Ave, Nanaimo, BC V9R3P6

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Aug

Wed

Aug

Thu

Aug

Kevin Morrison

kevin.morrison@engelvoelkers.com +1(250) 469-1727

$ 664,900

Est. payment | -/mo

3 Beds

2 Baths

1,737 SqFt

Save

$ 664,900

Est. payment | -/mo

Save

3 Beds

2 Baths

1,737 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,737 sqft

Price per Sqft $382

Subdivision University District

MLS® Listing ID 1010531

Bedrooms 3

Year Built 1950

Lot Size 8,976 Sqft

Acres 8976.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

Charming University District Home with Development Potential! Welcome to this adorable University District cutie located in the heart of Nanaimo, offering character, comfort, and incredible future potential. Set on a nearly 9,000 sqft flat lot, this property is zoned COR1 (Corridor)—allowing for residential, street-oriented, medium-density, and office development. Whether you're a homeowner looking for a charming space or an investor eyeing redevelopment, this home opens the door to a world of opportunity. The house offers just over 1,300 sqft of finished living space, featuring two bedrooms on the main floor, a cozy living room, a full bathroom, and an updated kitchen that blends functionality with style. Step inside and enjoy the timeless character of the 1950s architecture, complete with coved ceilings and classic crown mouldings that add warmth and nostalgia. The lower level is partially finished and includes a large, bright bedroom or office space with a newer spa-inspired bathroom, offering privacy and comfort for guests, teens, or a home office. In addition to the finished space, there is approximately 400 sqft of unfinished area with separate outside access—perfect for developing into a family room, workshop, or additional storage. This home has seen thoughtful upgrades throughout, including: Newer vinyl windows, 2022 high-efficiency gas furnace, 2025 hot water tank, 2025 dishwasher. Outside, the west-facing yard captures beautiful views of Mount Benson, creating a serene and sunny outdoor space ideal for relaxing or entertaining. Alley access provides added flexibility for off-street parking, future laneway development, or garden suite potential (buyer to verify with City). Don't miss your chance to own a piece of Nanaimo's evolving landscape. This is more than a home—it's a smart investment in a thriving neighborhood with schools, parks, transit, and shopping all nearby. Charming. Versatile. Full of potential. Make it yours today! (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Lower level 4-Piece Bathroom

Extra Room 2 Lower level Measurements not available x 7 ft Utility room

Extra Room 3 Lower level 13 ft x Measurements not available Storage

Extra Room 4 Lower level 4'4 x 9'5 Laundry room

Extra Room 5 Lower level 9'10 x 20'2 Bedroom

Extra Room 6 Main level 4-Piece Bathroom

Interior

Heating Forced air,

Cooling None

Exterior

Parking Features No

View Y/N Yes

View Mountain view

Total Parking Spaces 2

Private Pool No

Others

Ownership Freehold

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

+1(250) 469-1727

kevin.morrison@engelvoelkers.com

1429 Ellis Street, Unite States

477 Watfield Ave Nanaimo, BC V9R3P6