713 Victoria Rd
Nanaimo, BC V9R4R6
$350,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,850 square feet
- Zoning
- Residential
R5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,111.1
Interior
- Heating
- Forced air, Oil, Wood
- Cooling / A/C
- None
- Fireplace
- Yes (2)
Exterior & Lot
- Lot features
- Other
Building
- Parcel ID (PID)
- 000-007-820
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Stall
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Lower level | 4'5 x 6'5 |
| Primary Bedroom | Main level | 10'6 x 12'7 |
| Living room | Lower level | 10'10 x 12'1 |
| Living room | Main level | 11'1 |
| Kitchen | Lower level | 9'9 x 10'9 |
| Kitchen | Main level | 9'5 x 9'8 |
| Entrance | Main level | 3'10 |
| Dining room | Main level | 7'10 x 8'5 |
| Bedroom | Lower level | 19'8 |
| Bedroom | Main level | 9'5 x 10'6 |
| Bathroom | Lower level | 4-Piece |
| Bathroom | Main level | 4-Piece |
Listing Information
- MLS®
- 1047992
- Listed
- August 27, 2026
- Time on market
- On the market for 4 days
- Data last synced
- August 29, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
Practical opportunity awaits in South Nanaimo with this high-potential redevelopment lot. Set back from the road, this level, easy-to-build-on property offers an ideal canvas for future development plans. The home features 2bd/1ba up and a 1bd/1ba lower suite—perfect for temporary rental income while you secure your development permits. Incredible practical utility is already in place with a large workshop/garage, shed, and RV parking, catering perfectly to trades, hobbies, or storage. Located in a high-demand rental area, the location ensures effortless daily convenience close to VIU, schools, parks, transit, and downtown shops. This property offers an exceptional long-term opportunity, allowing you to collect rent while finalizing your future vision. Scheduled visits only. (id:63159)
Values & Trends
This listing
$206/sqft
Building average
—
No other active listings in this building
South Nanaimo average
$442/sqft
46 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
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
19
2/9 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 | 296 m |
| Park Avenue Elementary | Elementary | 918 m |
| Learning Alternatives | Secondary | 1.1 km |
| John Barsby Secondary | Secondary | 1.1 km |
| Georgia Avenue Elementary | Elementary | 1.2 km |
| Fulford Community Elementary | Elementary | 1.7 km |
| Pauline Haarer Elementary | Elementary | 2.1 km |
| Nanaimo District Secondary | Secondary | 2.2 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)
- Alice's Restaurant · 728 Nicol Street209 m
- Ricky's All Day Grill - Nanaimo South/Days Inn · 809 Trans-Canada Highway434 m
- MGM · 240 Nicol Street772 m
Parks (5+)
- Knowles Park73 m
- Railway/Connaught Park441 m
- View Street Park · 38 View Street452 m
- Cat Stream Watercourse Park487 m
- Robins Park588 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($17,500) — 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.