342 Howard Ave
Nanaimo, BC V9R3R7
$685,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,200 square feet
- Zoning
- Residential
R1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,594.74
Interior
- Heating
- Forced air, Electric
- Cooling / A/C
- None
- Fireplace
- None
Exterior & Lot
- View
- City view
- Lot features
- Corner Site
Building
- Parcel ID (PID)
- 004-944-003
Parking
- Total spaces
- 4 — uncovered indicated
- Features
- Stall
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Den | Second level | 8'4 x 9'0 |
| Bedroom | Second level | 11'9 x 14'3 |
| Bedroom | Second level | 11'9 x 15'10 |
| Primary Bedroom | Second level | 15'2 x 15'9 |
| Ensuite | Second level | 4-Piece |
| Living room | Main level | 16'2 x 13'2 |
| Laundry room | Main level | 5'7 x 11'7 |
| Kitchen | Main level | 11'3 x 17'4 |
| Family room | Main level | 14'6 x 11'7 |
| Dining room | Main level | 16'2 x 9'11 |
| Dining nook | Main level | 6'11 x 4'3 |
| Bedroom | Main level | 16'1 x 10'0 |
| Bathroom | Main level | 4-Piece |
Listing Information
- MLS®
- 1043885
- Listed
- July 23, 2026
- Time on market
- On the market for 39 days
- Data last synced
- August 29, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
Some homes simply offer a place to live. Others offer possibilities. Welcome to 342 Howard Avenue, a charming character home set on a private 7,200 sq ft lot in Nanaimo's evolving University District. Whether you're looking for a family home with room to grow, an investment property, or a land holding with exciting future redevelopment potential, this property delivers exceptional flexibility and long-term value. Originally one of the area's historic farm homes, this residence blends timeless character with thoughtful updates including an updated kitchen, refreshed bathrooms, newer windows, a newer roof, forced-air heating, and spacious living areas filled with natural light. The flexible floor plan features 1 bedroom on the main floor, 3 bedrooms plus a den upstairs, making it ideal for growing families, home-based professionals, or multigenerational living. Step outside and you'll discover one of the property's greatest assets. A massive, private backyard framed by mature cedar hedges creates your own secluded retreat. Entertain on the oversized deck, enjoy the established fruit trees, or simply appreciate the space and privacy that's becoming increasingly difficult to find. Beyond the home itself lies one of the property's most compelling opportunities. Positioned on a level 60' x 120' lot in a rapidly evolving neighbourhood, this property offers exciting future redevelopment potential while providing an exceptional place to call home today. Buyers are encouraged to explore development possibilities with the City of Nanaimo. Just minutes from Vancouver Island University, downtown Nanaimo, the waterfront, parks, recreation, shopping, and restaurants, this is a rare opportunity to secure a property that offers both immediate enjoyment and long-term upside. (id:63159)
Values & Trends
This listing
$320/sqft
Building average
—
No other active listings in this building
University District average
$405/sqft
34 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
15°C
Partly Cloudy
Humidity 85%
Wind N 2 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
37
6/9 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 |
|---|---|---|
| Secondaire de Nanaimo | Secondary | 497 m |
| Nanaimo District Secondary | Secondary | 497 m |
| Fairview Elementary | Elementary | 533 m |
| Georgia Avenue Elementary | Elementary | 854 m |
| Pauline Haarer Elementary | Elementary | 1.2 km |
| John Barsby Secondary | Secondary | 1.6 km |
| Learning Alternatives | Secondary | 1.6 km |
| Bayview Elementary | Elementary | 1.6 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 (5+)
- Gateway to India Restaurant · 202 Fourth Street469 m
- Gateway to India469 m
- Truong Thanh 2489 m
- Mandarin House500 m
- Little George's Express Pizza & Pasta505 m
Cafes (2)
- The Bee's Knees Cafe · 525 Third Street287 m
- Starbucks · 540 Fifth Street737 m
Grocery (2)
- Truong Thanh Specialty Asian Grocery494 m
- Buy Low Foods660 m
Parks (5+)
- Howard Avenue Park · 265 Howard Avenue323 m
- Bruce Avenue Park 2 · 329 Bruce Avenue372 m
- Bruce Avenue Park · 330 Bruce Avenue431 m
- Chesterlea Park · 343 Chesterlea Avenue479 m
- Durham Park · 423 Pine Street600 m
Shopping (2)
- University Village · 530 Fifth Street645 m
- Unnamed · 510 Fifth Street694 m
Pharmacies (1)
- Shoppers Drug Mart704 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($43,500) — 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.