619 Pine St, Nanaimo, BC
$669,000
5
2
2,093
Investor opportunity in Nanaimo’s historic Chinatown neighbourhood offering strong current rental income and long-term redevelopment potential. The property generates $3,600/month ($43,200/year) with month-to-month tenants who wish to remain.
The generous 9,300 sq. ft. lot and R8 zoning provide substantial future potential, while the character home offers immediate rental appeal. Features include original hardwood floors, coved ceilings, abundant natural light, a bright kitchen with southern Mt. Benson views, spacious living areas, an oversized primary bedroom, and a well-finished 3-bedroom lower suite.
Enjoy a private south-facing deck and fenced backyard, plus recent updates including a newer roof, windows, and furnace. Conveniently located near shopping, schools, and transportation.
Strong income today. Significant land and redevelopment potential for tomorrow.
Measurements approximate; buyer to verify.
Level: Main level
Level: Main level
Level: Main level
Level: Main level
Level: Main level
Level: Main level
Level: Main level
Level: Main level
Whether you are buying, selling, evaluating your home, or just exploring — we have a tailored path ready for you.
A focused 1-on-1 to map out timing, pricing, and your next move.
Reserve a time SellersA REALTOR-prepared valuation using local sold data and condition adjustments.
Request evaluation BuyersTell us your criteria and we will build a focused buying plan and shortlist.
Start your search