Investor Alert in Nanaimo’s Old City! Don’t miss this rare investment opportunity in the heart of Nanaimo’s historic Old City. This 7-bedroom property offers incredible rental potential, perfect for multi-family living or generating strong rental income. Inside, you’ll find updated electrical and plumbing for peace of mind, plus a shared laundry space for convenience. Outside, enjoy a large back deck with stunning views of Mount Benson—the perfect spot to unwind after a long day. Situated on a 10,494 square foot lot with lane access and just minutes from Vancouver Island University, downtown amenities, and transit, this property offers unbeatable location and functionality. Whether you’re an investor or looking for a home with multiple income streams, this one checks all the boxes!
Address
415 Machleary St
List Price
$848,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Old City
Bedrooms
7
Bathrooms
4
Floor Area
3,231 Sq. Ft.
Lot Size
10494 Sq. Ft.
Lot Size (Acres)
0.24 Ac.
Year Built
1910
MLS® Number
1013735
Listing Brokerage
460 Realty Inc. (NA)
Basement Area
Finished
Postal Code
V9R 2H1
Tax Amount
$4,816.00
Tax Year
2025
Features
Baseboard, Electric, Forced Air, Natural Gas