Our Agents' Listings
553 Larch St
Nanaimo
V9S 2G2
$1,299,900
Residential
beds: 4
baths: 2.0
2,096 sq. ft.
built: 1949
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 938146
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1949
- Photos (56)
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Welcome to 553 Larch St in Central Nanaimo, where you'll discover a truly exceptional property boasting breathtaking Ocean Views & boundless opportunities for redevelopment. This prime location grants easy access to all the amenities Nanaimo has to offer. A standout feature is its R8 multifamily zoning, allowing for the development of up to 16 units. This presents an ideal investment opportunity for developers seeking to capitalize on the growing demand for housing in the area. Prepare to be mesmerized by the spectacular Ocean Views this property offers. Imagine waking up every morning to the sunrise over the ocean, watching the seaplanes take off. Currently the property includes a charming home with 3 beds, 2 baths & over 2000sqft of living space. Whether you envision constructing your dream home or developing a multi-unit complex, this property has everything you need to make it happen. The combination of its prime location, stunning views, and R8 zoning allows endless possibilities.
- Property Type:
- Residential
- Type:
- Single Family Detached
- Year built:
- 1949 (Age: 74)
- Living Area:
- 2,096 sq. ft.
- Listing General Location:
- Na Brechin Hill, Nanaimo
- Bedrooms:
- 4
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 9,300.064 sq. ft.
- Kitchens:
- 1
- Taxes:
- $4,693 / 2022
- Construction:
- Frame Wood, Insulation All, Wood
- New Construction:
- No
- Basement:
- Partially Finished
- Foundation:
- Slab
- Electricity:
- Yes
- Roof:
- Asphalt Shingle
- Other Structures:
- Workshop
- Floor finish:
- Mixed
- Total Building Area:
- 3,001 sq. ft.
- Total Unfinished Area:
- 905 sq. ft.
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,869 sq. ft.
- Living Area Main Floor:
- 1,614 sq. ft.
- Living Area Other Floor:
- 592 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Forced Air, Natural Gas
- Fireplace:
- Yes
- F/S/W/D
- Bar, Closet Organizer, Dining/Living Combo
- Balcony/Deck, Balcony/Patio
- Mountain(s), Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Main Floor
- Kitchen
- 13'9" × 8'11"
- Main Floor
- Bedroom - Primary
- 17'9" × 13'4"
- Main Floor
- Bedroom
- 13' × 8'5"
- Main Floor
- Entrance
- 7'7" × 4'3"
- Main Floor
- Living Room
- 19'2" × 11'10"
- Main Floor
- Dining Room
- 13'2" × 11'
- Main Floor
- Walk-in Closet
- 8'4" × 6'7"
- Main Floor
- Bedroom
- 14'8" × 8'5"
- Lower Level
- Basement
- 38'2" × 23'7"
- Lower Level
- Bedroom
- 13'8" × 10'6"
- Lower Level
- Rec Room
- 18'2" × 12'
- Other
- Workshop
- 15'10" × 13'9"
- Other
- Garage
- 18'8" × 17'4"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 4
- 4-Piece
- Main Floor
- No
- 5
- 5-Piece
- Financing Notes:
- Commission: 3.5% 100K, 1.5% on Balance if Physical Introduction, otherwise 1.75% 100K, 0.75% on Bal
- Assessed:
- 850000.0
- Assessment year:
- 2023
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Amended Lot 9 (DD 74417-N), Block 8, District Lot 14, Newcastle Reserve, Section 1, Nanaimo District, Plan 1972
- Zoning:
- R8
- Accessibility:
- Ground Level Main Floor, Primary Bedroom on Main
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 1
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 1
- Occupancy:
- Owner
- Property Condition:
- Resale
- Utilities:
- Electricity Connected, Garbage, Natural Gas Connected, Recycling
- Exposure / Faces:
- See Remarks
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Central Location, Family-Oriented Neighbourhood, Marina Nearby, Rectangular Lot, Serviced, Shopping Nearby
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Driveway, Garage
- Total Parking Spaces:
- 4
- Road Surface Type:
- Paved
- Date Listed:
- Jul 21, 2023
- Original Price:
- 1299900.0
-
Potential Multi Family Development -
Potential Multi Family Development
-
Potential Multi Family Development
-
Ocean Views
-
Aerial View - Close to Ocean
-
Aerial View
-
9300 sqft lot
-
Front of Home
-
Back of Home
-
Property
-
9300 sqft lot
-
Property
-
Ocean View Deck
-
Deck
-
Deck
-
Deck Views
-
Deck Views
-
Photo 18 of 56
-
Front Yard
-
Entrance
-
Foyer
-
Kitchen
-
Kitchen
-
Kitchen
-
Dining Area
-
Dining Area
-
Dining/Kitchen Areas
-
Ocean Views
-
Open concept Living/Dining/Kitchen Areas
-
Living Room
-
Living Room
-
Primary Bedroom
-
4-Piece Ensuite
-
4-Piece Ensuite
-
4-Piece Ensuite
-
Bedroom
-
Main Bath 5-Piece
-
Foyer
-
Bedroom
-
Bedroom
-
Office
-
Office
-
Bedroom
-
Unfinished Space
-
Laundry Area
-
Laundry Area
-
Front of Home
-
Front of Home
-
Front of Home
-
Front of Property
-
Aerial View
-
Aerial View
-
Aerial View
-
Aerial View
-
Aerial View
-
Floor Plan
Data was last updated October 3, 2023 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 24
- Avg list price:
- $631,850
- Min list price:
- $329,000
- Max list price:
- $1,749,000
- Avg days on market:
- 48
- Min days on market:
- 4
- Max days on market:
- 220
- Avg price per sq.ft.:
- $513.5
These statistics are generated based on the current listing's property type
and located in
Na Brechin Hill. Average values are
derived using median calculations.
- Cody Dreger
- 460 Realty Inc. (NA)
- 250-591-4601
- Contact by Email
