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.
Address
528 Hecate St
List Price
$514,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Old City
Bedrooms
6
Bathrooms
3
Floor Area
2,886 Sq. Ft.
Lot Size
6336 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1911
MLS® Number
1038637
Listing Brokerage
eXp Realty (NA)
Basement Area
None
Postal Code
V9R 4K2
Tax Amount
$4,574.00
Tax Year
2025
Features
Other
Amenities
Corner Lot, Recreation Nearby, Shopping Nearby