Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

350 Fourth St

Nanaimo, BC V9R1T4

$595,000

3 bed1 bath2 parking1,623 sqftBuilt 1944
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Property Details

Property & Lot

Sub-type
House
Lot size
11,808 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,028

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
2 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
WorkshopLower level5'4 x 12'3
OtherLower level5'6 x 12'2
Recreation roomLower level14'4 x 23'6
Utility roomLower level10'5 x 12'6
StorageLower level6'6 x 12'6
BedroomLower level8'7 x 11'11
EntranceMain level4'9 x 7'9
Primary BedroomMain level11'10 x 12'4
Living roomMain level12'5 x 17'2
Dining roomMain level6'11 x 7'6
KitchenMain level10'10 x 12'5
BathroomMain level4-Piece
BedroomMain level10'7 x 12'4
Mud roomMain level7'5 x 7'8

Listing Information

MLS®
1033935
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

This is home straddles two legally titled lots with R5 zoning and frontage on two streets and the alley. The R5 zoning permits 3 to 4 units per lot for duplex, triplex and 4-plex. The Neighbourhood Land Use Designation (City of Nanaimo) guidelines indicate mixed uses including low rise apartment up to 4 stories; small scale commercial at grade with residential use above are also in the guidelines. Services for water, sewer and storm are proximate. The house has approx. 1033sf on the main level with two bedrooms, large living room, and kitchen with some updates. The lower level is 945sf and has a 3rd bedroom, workshop with bench, rec room and side exit to the carport. The location is in the heart of Harewood, close to shopping, schools, VIU, NIC/NAC and downtown. All measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$367/sqft

Building average

No other active listings in this building

South Nanaimo average

$439/sqft

46 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

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

Partly Cloudy

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

52

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

SchoolTypeDistance
Georgia Avenue ElementaryElementary562 m
Secondaire de NanaimoSecondary746 m
Nanaimo District SecondarySecondary746 m
Fairview ElementaryElementary859 m
Pauline Haarer ElementaryElementary1.2 km
Bayview ElementaryElementary1.2 km
John Barsby SecondarySecondary1.3 km
Learning AlternativesSecondary1.3 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 (5+)

  • Truong Thanh 2154 m
  • Gateway to India Restaurant · 202 Fourth Street157 m
  • Gateway to India157 m
  • Mandarin House166 m
  • Little George's Express Pizza & Pasta204 m

Cafes (3)

  • Starbucks · 540 Fifth Street414 m
  • Tim Hortons473 m
  • The Bee's Knees Cafe · 525 Third Street618 m

Grocery (2)

  • Truong Thanh Specialty Asian Grocery158 m
  • Buy Low Foods331 m

Parks (5+)

  • Bruce Avenue Park 2 · 329 Bruce Avenue293 m
  • Chesterlea Park · 343 Chesterlea Avenue319 m
  • Bruce Avenue Park · 330 Bruce Avenue319 m
  • Durham Park · 423 Pine Street367 m
  • Old Harewood School Sports Field · 502 Howard Avenue418 m

Shopping (2)

  • University Village · 530 Fifth Street312 m
  • Unnamed · 510 Fifth Street346 m

Pharmacies (1)

  • Shoppers Drug Mart357 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$476,000.00
Periodic payment — Principal & Interest (monthly)$3,070.99
Additional monthly expenses (strata, tax, utilities, etc.)$416.67
Total monthly cost$3,487.66
Interest paid over 5-yr term$136,422.97
Balance at end of term$428,163.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,310.05

Cash Needed at Closing

Minimum down payment$34,500
Estimated BC PTT$9,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,900

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.

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