- Active
37 Strickland Street
Nanaimo · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 1,097
- Built
- 1898
Listed by Royal LePage Nanaimo Realty (NanIsHwyN) · MLS® 1044394
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Sign inAbout this home
Opportunity meets flexibility with this updated character home on a generous 7,986 sq ft R5-zoned lot in the heart of South Nanaimo. Whether you're looking for a place to call home, an investment property, or a site with future redevelopment potential, this property offers exceptional value in a central location close to schools, shopping, transit, parks, and downtown amenities. The home has been thoughtfully updated over the years while maintaining the charm and character that make older homes so appealing. High ceilings create an open, airy feel well beyond the home's footprint, while large windows bring in plenty of natural light. The functional floor plan offers comfortable everyday living with spacious principal rooms and an unfinished basement providing excellent storage, workshop space, or future possibilities. Outside, the nearly 8,000 sq ft lot offers room to garden, entertain, or simply enjoy the privacy of a larger in-town property. The R5 zoning adds another layer of appeal, providing flexibility for buyers looking toward future development or redevelopment opportunities (buyers to verify with the City of Nanaimo). This property represents a rare combination of affordability, lot size, zoning, and location. Move in and enjoy the home today while preserving future options for tomorrow. Whether you're a first-time buyer, investor, downsizer seeking land, or someone looking for a property with long-term upside, 37 Strickland offers an opportunity that's becoming increasingly difficult to find in today's market.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 1,097 sq ft
- Lot size
- 7,986 sq ft
- Year built
- 1898
- Parking
- 1
- Property type
- Single Family
- Fireplace
- 1
- Area
- South Nanaimo
- Listed
- August 4, 2026
- Structure
- House
- PID
- 008-782-903
- Common interest
- Freehold
Highlights
- High ceilings
Features and inclusions
- Appliances
- Washer, Refrigerator, Dishwasher, Dryer
- Heating
- Forced air, Natural gas, Wood
- Cooling
- None
- Parking
- Street
- Lot
- Central location, Southern exposure
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,488
- Property tax
- $150/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,788
Purchase snapshot
- List price
- $525,000
- Down payment
- $105,000 (20%)
- Estimated mortgage
- $420,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $3,839
- At 7.3118 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,100 a month
- Gross yield
- 2.5%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Nanaimo
Ten year average, 2016–2025.
- Average temperature
- 10.4°C
- Daily mean across the year.
- Yearly precipitation
- 0 mm
- On the drier side for BC.
- Bright sunshine
- 1,940 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 37%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.