Lot 4 Hecate St
Nanaimo, BC V9R4K2
$514,900
Property Details
Property & Lot
- Lot size
- 6,336 square feet
- Zoning
- Residential
R15
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $4,574
Interior
- Fireplace
- None
Parking
- Total spaces
- 4
Listing Information
- MLS®
- 1038638
- 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
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. Seller has preliminary plan available as part of purchase price. (id:63159)
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
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
| School | Type | Distance |
|---|---|---|
| Bayview Elementary | Elementary | 841 m |
| Pauline Haarer Elementary | Elementary | 984 m |
| Georgia Avenue Elementary | Elementary | 1.3 km |
| Fairview Elementary | Elementary | 1.5 km |
| Learning Alternatives | Secondary | 1.7 km |
| John Barsby Secondary | Secondary | 1.7 km |
| Nanaimo District Secondary | Secondary | 1.8 km |
| Secondaire de Nanaimo | Secondary | 1.8 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's281 m
- Bar Luna · Victoria Road 7287 m
- Bamboo Garden · 67 Victoria Crescent340 m
- Thai Cook · 22 Victoria Crescent368 m
- Bastion Pizza Company · 16 Victoria Crescent372 m
Cafes (5+)
- The Vault Cafe · 499 Wallace Street361 m
- Serious Coffee · 60 Commercial Street508 m
- Gabriel's Gourmet Cafe · 39 Commercial Street513 m
- Starbucks · 650 Terminal Avenue520 m
- White Rabbit Coffee Co · 321 Selby Street535 m
Grocery (4)
- Superette248 m
- ManLee Oriental · 385 Terminal Avenue502 m
- Thrifty Foods · 650 Terminal Avenue586 m
- The Green Store: Discount Organic · 256 Wallace Street684 m
Parks (5+)
- Nob Hill Park · 400 Milford Crescent102 m
- Pioneer Square Park319 m
- Italian Square Park453 m
- Deverill Square Gyro 2 Park · 200 Irwin Street518 m
- Piper Park582 m
Shopping (2)
- London Drugs · 650 Terminal Avenue536 m
- Port Place Shopping Centre · 650 Terminal Avenue565 m
Gyms (3)
- Dolly's Gym · 111 Nicol Street264 m
- Iyengar Yoga Nanaimo · 335 Wesley Street559 m
- Kind Society Yoga735 m
Pharmacies (1)
- Central Drugs268 m
Banks & ATMs (5+)
- Superette Foods - Bitcoin Well ATM · 687 Albert Street253 m
- TD416 m
- Scotiabank · 65 Commercial Street536 m
- Scotiabank · 65 Commercial Street537 m
- CIBC · 650 Terminal Avenue576 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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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
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.