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1641 Bowen Rd
Na Central Nanaimo Nanaimo V9S 1C7

$1,100,000
Residential beds: 2 baths: 1.0 776 sq. ft. built: 1938

Main Photo: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
Photo 1: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
Photo 2: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
Photo 3: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
Photo 4: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
Photo 5: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
Status:
Active
Prop. Type:
Residential
MLS® Num:
992939
Bedrooms:
2
Bathrooms:
1
Year Built:
1938
Prime Multi-Family Development Opportunity in Nanaimo! This 18,441 sq. ft. COR1-zoned parcel comes with a Development Permit in place for a 22-unit, four-storey multi-family residential building, making it a rare turnkey investment opportunity. Ideally situated just minutes from downtown Nanaimo, the site offers excellent walkability to Bowen Road amenities, as well as easy access to the Nanaimo Parkway and North Nanaimo. The approved development features a well-balanced unit mix, including 1 Live/Work unit, 3 studios, 9 one-bedrooms, 4 one-bedroom + den units, 3 two-bedroom + den units, and 3 accessible two-bedroom units, catering to a diverse range of residents. This project is for investors who are looking to capitalize on the area’s strong rental demand and growth. Full plans and designs are available upon request for qualified buyers. Don’t miss out on this exceptional investment—contact us today for more details! Measurements and data approximate; verify if important.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1938 (Age: 87)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
776 sq. ft.
Listing General Location:
Na Central Nanaimo, Nanaimo
Bedrooms:
2
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
18,441 sq. ft.
Kitchens:
1
Taxes:
Construction:
Frame Wood, Insulation: Ceiling, Stucco
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Levels:
1
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
776 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
776 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric, Oil
Fireplace:
No
Pending Date:
Garden
Ground Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
COR1
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
Northeast
Layout:
Rancher
Lot Site Features:
Central Location, Easy Access, Recreation Nearby, Shopping Nearby, Southern Exposure
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
1
Garage:
Yes
Parking Features:
Driveway, Garage, RV Access/Parking
Total Parking Spaces:
4
Road Surface Type:
Paved
Total Units:
Date Listed:
Mar 24, 2025
Original Price:
1100000.0
  • Photo 1: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
    Photo 1 of 5
  • Photo 2: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
    Photo 2 of 5
  • Photo 3: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
    Photo 3 of 5
  • Photo 4: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
    Photo 4 of 5
  • Photo 5: 1641 Bowen Rd in Nanaimo: Na Central Nanaimo Single Family Residence for sale : MLS®# 992939
    Photo 5 of 5
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Listed by eXp Realty (NA)
Data was last updated April 1, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
70
Avg list price:
$539,950
Min list price:
$198,800
Max list price:
$1,100,000
Avg days on market:
36
Min days on market:
4
Max days on market:
335
Avg price per sq.ft.:
$433.73
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations.
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IAN HODSON
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
Ian Hodson
Telephone: (250) 756-1132
Toll Free: 1-800-377-4374
Fax: (250) 756-1210
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $

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Ian Hodson

Telephone (250) 756-1132

ian@ianhodson.ca

4200 Island Highway

Nanaimo, B.C., 

V9T 1W6

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.