Property Type: Detached HouseOwnership: Freehold

528 Hecate St

Nanaimo, BC V9R4K2

$514,900

6 bed3 bath4 parking2,886 sqftBuilt 1911
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Property Details

Property & Lot

Sub-type
House
Lot size
6,336 square feet
Zoning
Residential

R15

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,574

Interior

Heating
Other
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomSecond level10'0 x 10'0
BathroomSecond level10'0 x 10'0
BedroomSecond level10'0 x 10'0
BedroomSecond level10'0 x 10'0
BedroomSecond level10'0 x 10'0
BathroomMain level10'0 x 10'0
Living roomMain level10'0 x 10'0
Dining roomMain level10'0 x 10'0
KitchenMain level10'0 x 10'0
BedroomMain level10'0 x 10'0
BedroomMain level10'0 x 10'0
BedroomMain level10'0 x 10'0

Listing Information

MLS®
1038637
Listed
May 29, 2026
Time on market
On the market for 94 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

This one is NOT for the faint of heart but it’s a heck of a development opportunity! Just around the corner from the historic Nob Hill park, adjacent the old city quarter and just minutes away from every transportation option to the mainland you’ll find 528 Hecate St. Sitting on a 6,336 sq ft corner lot with R15 Old City Medium Density Residential zoning in place, this property opens the door for redevelopment ideas in an area that continues to evolve. Although the current home has been boarded up for safety, the opportunity here is all about the land, location, and future potential. A demolition quote is available for buyers looking to start fresh. If bringing this 1911 home back to life IS possible there’s currently over 2,800 square feet of structure on site plus an additional unauthorized dwelling at the rear of the property. This is definitely a project… but for the right buyer, builder, or developer, there may be an exciting opportunity to reimagine this property entirely. (id:63159)

Values & Trends

This listing

$178/sqft

Building average

No other active listings in this building

Old City average

$441/sqft

15 active listing(s)

Parking: 4 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

59

8/9 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
Bayview ElementaryElementary822 m
Pauline Haarer ElementaryElementary987 m
Georgia Avenue ElementaryElementary1.3 km
Fairview ElementaryElementary1.5 km
Learning AlternativesSecondary1.7 km
John Barsby SecondarySecondary1.7 km
Nanaimo District SecondarySecondary1.7 km
Secondaire de NanaimoSecondary1.7 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+)

  • Indian Grill's243 m
  • Bar Luna · Victoria Road 7325 m
  • Bamboo Garden · 67 Victoria Crescent373 m
  • Thai Cook · 22 Victoria Crescent397 m
  • Bastion Pizza Company · 16 Victoria Crescent399 m

Cafes (5+)

  • The Vault Cafe · 499 Wallace Street385 m
  • White Rabbit Coffee Co · 321 Selby Street527 m
  • Serious Coffee · 60 Commercial Street531 m
  • Gabriel's Gourmet Cafe · 39 Commercial Street534 m
  • Starbucks · 650 Terminal Avenue554 m

Grocery (4)

  • Superette210 m
  • ManLee Oriental · 385 Terminal Avenue518 m
  • Thrifty Foods · 650 Terminal Avenue621 m
  • The Green Store: Discount Organic · 256 Wallace Street692 m

Parks (5+)

  • Nob Hill Park · 400 Milford Crescent135 m
  • Pioneer Square Park356 m
  • Italian Square Park485 m
  • Deverill Square Gyro 2 Park · 200 Irwin Street533 m
  • Rosamond Park · 1 Rosamond Street549 m

Shopping (2)

  • London Drugs · 650 Terminal Avenue570 m
  • Port Place Shopping Centre · 650 Terminal Avenue600 m

Gyms (3)

  • Dolly's Gym · 111 Nicol Street292 m
  • Iyengar Yoga Nanaimo · 335 Wesley Street558 m
  • Kind Society Yoga760 m

Pharmacies (1)

  • Central Drugs283 m

Banks & ATMs (5+)

  • Superette Foods - Bitcoin Well ATM · 687 Albert Street216 m
  • TD452 m
  • Scotiabank · 65 Commercial Street555 m
  • Scotiabank · 65 Commercial Street558 m
  • CIBC · 650 Terminal Avenue610 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.1% ($26,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$411,920.00
Periodic payment — Principal & Interest (monthly)$2,657.57
Additional monthly expenses (strata, tax, utilities, etc.)$525.17
Total monthly cost$3,182.73
Interest paid over 5-yr term$118,057.46
Balance at end of term$370,523.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,490
Stress test qualifying rate8.09%
Payment you must qualify for$3,755.70

Cash Needed at Closing

Minimum down payment$26,490
Estimated BC PTT$8,298
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,288

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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