About this home

Lovely character home in South Nanaimo with ocean views. Offering a rare blend of charm, comfort, and future potential, this well-laid out 3-bedroom plus den, 1-bathroom home features an excellent floor plan with over height ceilings that enhance the sense of space and light throughout. The inviting well sized living room creates a cozy yet refined atmosphere, while a bright, open-concept kitchen provides an ideal space for everyday living and entertaining, filled with natural light. Recent upgrades include new windows and a new back deck, improving both energy efficiency and outdoor enjoyment. A heat pump provides efficient year-round heating and cooling for modern comfort. Set on an expansive property with convenient lane access, this home also presents exciting potential for a laneway house or future development options (buyer to verify). The ample outdoor space is ideal for pets, families, gardeners, or investors alike. Located on a quiet no through road, adds to the home’s appeal. Whether you’re a first-time buyer looking to enter the market or an investor seeking a solid opportunity with upside potential, this property delivers exceptional value in a sought-after setting. All measurements are approximate and should be verified if important.

Property details

3

Beds

1 full

Baths

1,256 ft²

Floor area

9,405 ft²

Lot size

1919

Year built

1

Parking

$3,399/yr

Gross tax

Location & structure

Single Family

Type

Old City

Area

Listed

July 7, 2026

Structure

House

PID

002-683-687

Property highlights

Ocean view

Features & inclusions

Appliances

Washer, Refrigerator, Range - Electric

Heating

Heat Pump, Forced air

Cooling

Air Conditioned

Parking

Open

Lot

Other

Additional details

Common interest

Freehold

Nearby & Commute

6 min

walk to Superette

4 min

bike to Downtown Nanaimo Transit Exchange

15 min

walk to Downtown Nanaimo Transit Exchange

2h 27m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 36%

Documents and due diligence

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Property disclosure statement

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Title search

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Inspection reports

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Building and renovation permits

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Survey or site plan

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Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$3,208

Principal and interest

Calculated estimate

$2,775

Property tax

Listing data

$283/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$599,900

Down payment

Calculated estimate

$119,980 (20%)

Estimated mortgage

Calculated estimate

$479,920

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$3,208

/mo

Rate

%

Amortization

Principal and interest

$2,775

Property tax

$283

P&I

Tax

Down payment

$119,980 (20%)

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $119,980 down (20%) on $599,900, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Detached	105	35.8%
Condo / Apartment	59	20.1%
Land	57	19.5%
Townhouse	27	9.2%
Other	13	4.4%
Other	32	10.9%

$10,000 to $14,999	5	2.2%
$15,000 to $19,999	10	4.3%
$20,000 to $24,999	10	4.3%
$25,000 to $29,999	15	6.5%
$30,000 to $34,999	20	8.7%
$35,000 to $39,999	10	4.3%
$40,000 to $44,999	25	10.9%
$45,000 to $49,999	15	6.5%
$50,000 to $59,999	25	10.9%
$60,000 to $69,999	25	10.9%
$70,000 to $79,999	15	6.5%
$80,000 to $89,999	10	4.3%
$90,000 to $99,999	15	6.5%
$100,000 to $124,999	20	8.7%
$150,000 to $199,999	5	2.2%
$200,000 and over	5	2.2%

Detached	105	35.8%
Condo / Apartment	59	20.1%
Land	57	19.5%
Townhouse	27	9.2%
Other	13	4.4%
Other	32	10.9%

$10,000 to $14,999	5	2.2%
$15,000 to $19,999	10	4.3%
$20,000 to $24,999	10	4.3%
$25,000 to $29,999	15	6.5%
$30,000 to $34,999	20	8.7%
$35,000 to $39,999	10	4.3%
$40,000 to $44,999	25	10.9%
$45,000 to $49,999	15	6.5%
$50,000 to $59,999	25	10.9%
$60,000 to $69,999	25	10.9%
$70,000 to $79,999	15	6.5%
$80,000 to $89,999	10	4.3%
$90,000 to $99,999	15	6.5%
$100,000 to $124,999	20	8.7%
$150,000 to $199,999	5	2.2%
$200,000 and over	5	2.2%

654 Farquhar Street

654 Farquhar Street

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