About 880 Hecate St
Prime Development Opportunity in South Nanaimo Located within walking distance from downtown Nanaimo, this exceptional property presents a unique investment opportunity. Currently, the property includes a commercial space on the main floor and a 2-bedroom rental suite above, providing immediate rental income. What truly sets this property apart is the approved development permit for a Craftsman-inspired, 2.5-story "missing middle" housing project. Plans include four 1-bedroom and four 2-bedroom units, many featuring rooftop balcony access. This provides a fantastic opportunity for a developer to create a modern, high-demand multifamily property in a prime location. Don't miss this chance to invest in a property that offers both immediate returns and future development potential. All Measurements Approx. Verify if Important.
Features of 880 Hecate St
| MLS® # | 996776 |
|---|---|
| Price | $614,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 3,183 |
| Acres | 0.22 |
| Year Built | 1955 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Status | Active |
Community Information
| Address | 880 Hecate St |
|---|---|
| Area | Na Old City |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9R 4K6 |
Amenities
| Utilities | Cable To Lot, Compost, Electricity To Lot, Garbage, Natural Gas Available, Phone To Lot, Recycling |
|---|---|
| Parking Spaces | 10 |
| Parking | Open |
| View | City |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Range Hood, Refrigerator, Washer |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Fencing: Partial |
|---|---|
| Windows | Blinds, Window Coverings |
| Roof | Asphalt Shingle |
| Construction | Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | May 1st, 2025 |
|---|---|
| Days on Market | 176 |
| Zoning | R15 |
Listing Details
| Office | RE/MAX of Nanaimo |
|---|