218 Fry St
Nanaimo, BC V9R4Z1
$375,000
Property Details
Property & Lot
- Lot size
- 8,772 square feet
- Zoning
- Other
COR 3
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $6,290
Interior
- Fireplace
- None
Listing Information
- MLS®
- 982965
- Listed
- December 10, 2024
- Time on market
- On the market for 629 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker · Data source: CREA DDF.
Description
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate (id:63159)
Location Insights
Weather
13°C
Partly Cloudy
Humidity 89%
Wind WSW 6 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
99,863
(2021 Census)
+10.3% since 2016
Density: 1,104.1/km²
Dwellings: 45,138
Median household income: $75,500
After-tax: $68,500
Immigrant population: 16.1%
Top countries of origin (% of total population)
- United Kingdom3.5% · 3,495
- China1.3% · 1,285
- United States of America1.2% · 1,155
- India1.1% · 1,075
- Philippines1% · 1,040
- Germany0.6% · 635
- Korea, South0.5% · 470
- Viet Nam0.5% · 455
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
30
4/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Bayview Elementary | Elementary | 738 m |
| Pauline Haarer Elementary | Elementary | 1.5 km |
| Georgia Avenue Elementary | Elementary | 1.7 km |
| Park Avenue Elementary | Elementary | 1.8 km |
| John Barsby Secondary | Secondary | 1.8 km |
| Learning Alternatives | Secondary | 1.8 km |
| Fairview Elementary | Elementary | 2.1 km |
| Nanaimo District Secondary | Secondary | 2.3 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (3)
- MGM · 240 Nicol Street301 m
- Bar Luna · Victoria Road 7619 m
- Bamboo Garden · 67 Victoria Crescent730 m
Parks (5+)
- Deverill Square Gyro 2 Park · 200 Irwin Street117 m
- Mary Jane Peters Park405 m
- View Street Park · 38 View Street639 m
- Nob Hill Park · 400 Milford Crescent642 m
- Pioneer Square Park663 m
Gyms (1)
- Dolly's Gym · 111 Nicol Street368 m
Banks & ATMs (1)
- TD723 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($18,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.