532 Prideaux St

Offered at: $699,000

MLS®: 997288

This downtown Nanaimo property offers a rare opportunity for small to mid-scale developers entering the multi-family market. While currently generating rental income as a single-family home, its true value lies in the approved development permit for a fourplex with four three-bedroom units. Each unit features a family-friendly layout, private exterior balcony, and townhouse-style entry. Two units will enjoy limited ocean views. This design balances privacy and community—features today’s buyers value. New three-bedroom builds are scarce in Nanaimo, making this project especially appealing. It meets all required parking and exemplifies “missing middle” housing by delivering practical density without sacrificing livability. With approvals in place and attractive floorplans, this is an excellent build-to-sell or build-to-hold opportunity in a market with high demand and low supply. Measurements Approx. Verify if important.

Quick Stats

Key Home Data

0
BATH(S)
BED(S)
SQFT
YES
SHOWING AVAILABLE
Property Type:
 Commercial Sale
Home Ownership:
Freehold

Payment Calculator

Calculate your monthly mortgage payment.

Mortgage Amount
$
Amortization
years
Payment Freq.
Interest Rate
%
Calculating...

All About the Details

See specific details below.

Neighbourhood Statistics

Get to know your neighbourhood.

Similar Properties

Other properties you might like.

Available
preview | details

Courtesy Of
Kathleen Larson Of Royal LePage-Comox Valley (CV)

#A 1700 1ST Courtenay
BC V9N 6V5

$669,900

Beds
5
Baths
3

AVAILABLE

Residential

MLS® #1003130

Best floorplan and finishing. This home features 5 bedrooms, featuring a cozy gas fireplace and hardwood flooring on the main level. Den/bedroom on main floor near front door. The kitchen has a tiled backsplash, pantry and quality appliances. Pet free and smoke free for 11 years. Very well maintained, turn key and ready to move into. Built in 1999, hot…
Available
preview | details

Courtesy Of
Janice Leffler Of Royal LePage-Comox Valley (CV)

#7 199 31st Courtenay
BC V9N 8X1

$825,000

Beds
2
Baths
2

AVAILABLE

Residential

MLS® #994327

Oceanfront Luxury Patio Home with views of the Comox Harbour. Crystal Shores is located on the Seaside Trail, oceanfront walking trail along the beach to downtown Courtenay. Perfect opportunity to own a home with well appointed features such as single garage with updated concrete finished floor, paving stone driveway, covered decks with green space looking at the sunsets with afternoon…
Available
preview | details

Courtesy Of
Janice Leffler Of Royal LePage-Comox Valley (CV)

#301 536 ISLAND Campbell River
BC V9W 1A5

$899,900

Beds
3
Baths
3

AVAILABLE

Condo

MLS® #991532

OCEAN VIEW luxury corner unit condo with unobstructed�ocean views & sunrises over Quadra Island and Discovery Passage. Take the sea walk trail to restaurants & shopping. The corner deck is one of the most private in the building, morning�southern exposure. Three spacious bedrooms & den are complete with extra closet space and shelving as well as filing cabinets in built…


Request a Showing

Have questions about this property?

Chat Now

Contact Janice Leffler
About This Property.


Office: 250-334-3124