477 Watfield Ave Nanaimo, British Columbia V9R 3P6
$625,000
This charming University District residence offers a rare blend of vintage character, modern comfort, and exceptional investment opportunity—perfect for first-time home buyers, or long-term rental income. Move-in ready with quick possession available, this property delivers both immediate livability and exciting future value. Set on a nearly 9,000 sqft flat lot with COR1 zoning, the home supports residential, medium-density, or office development (buyer to verify). Inside, you’ll find just over 1,300 finished sqft of inviting living space. The main floor features two bright bedrooms, a full bathroom, a cozy living room, and an updated kitchen filled with natural light. Classic 1950s details—coved ceilings, crown mouldings, and warm character accents—add timeless appeal. The lower level extends flexibility with a spacious third bedroom or office and a newer, spa-inspired bathroom—ideal for guests, students, or extended family. A 447 sqft partially finished basement with separate access offers even more potential: additional living area or workshop. Recent upgrades include vinyl windows, a high-efficiency gas furnace (2022), fencing (2025) hot water tank (2025), and dishwasher (2025)—ensuring comfort and peace of mind. Outdoors, the west-facing yard captures beautiful Mount Benson views, creating a peaceful space for gardening, gatherings, or relaxation. Alley access opens possibilities for off-street parking, carriage home, or garden suite development. With Vancouver Island University, schools, parks, transit, and amenities just minutes away, this location is ideal for student housing or long-term tenants. Whether you're planting roots or planning ahead, this home offers character, convenience, and outstanding opportunity. Versatile. Investable. Ready to welcome you home. (id:48643)
Property Details
| MLS® Number | 1010531 |
| Property Type | Single Family |
| Neigbourhood | University District |
| Features | Central Location, Level Lot, Southern Exposure, Other, Rectangular |
| Parking Space Total | 2 |
| Plan | Vip8240 |
| View Type | Mountain View |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Constructed Date | 1950 |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,737 Ft2 |
| Total Finished Area | 1336.61 Sqft |
| Type | House |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 8976 |
| Size Total | 8976 Sqft |
| Size Total Text | 8976 Sqft |
| Zoning Description | Cor 1 |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Utility Room | 7 ft | Measurements not available x 7 ft | |
| Lower Level | Storage | 13 ft | 13 ft x Measurements not available | |
| Lower Level | Laundry Room | 4'4 x 9'5 | ||
| Lower Level | Bedroom | 9'10 x 20'2 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 9' x 10' | ||
| Main Level | Primary Bedroom | 13 ft | Measurements not available x 13 ft | |
| Main Level | Kitchen | 13' x 18' | ||
| Main Level | Living Room | 16'3 x 17'5 | ||
| Main Level | Porch | 8'7 x 10'8 |
https://www.realtor.ca/real-estate/28703726/477-watfield-ave-nanaimo-university-district
Contact Us
Contact us for more information
Rosanna Duffy
www.vancouverislandlifestyle.ca/
www.facebook.com/VancouverIslandLifestyle
www.linkedin.com/in/rosannaduffy/
4200 Island Highway North
Nanaimo, British Columbia V9T 1W6
(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/
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October 15 2025 04:54:01
Vancouver Island Real Estate Board
Royal LePage Nanaimo Realty (Nanishwyn)