674 Farquhar St

674 Farquhar St · Nanaimo · House · 2 bed · 1 bath · $495,000 · MLS 1038388

Nanaimo, British Columbia
C$495,000
For sale
674 Farquhar St

674 Farquhar St is located in Nanaimo. Property snapshot: House, 2 bed, 1 bath, listed at $495,000, MLS 1038388. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list pric

List Price: $495,000
MLS: 1038388
Bedrooms: 2
Bathrooms: 1
Interior Size: 906 sqft
Days on Market: -
Days on Site: 50
Deal Score: 50/100
Price History: Latest recorded list price 495000.00

Local Decision Guide

How should buyers evaluate 674 Farquhar St?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 674 Farquhar St?

This page shows a list price of $495,000 with MLS 1038388.

What type of home is this Nanaimo listing?

The page shows House, 2 bed, 1 bath at 674 Farquhar St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 495000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

With R14 zoning & outstanding redevelopment potential, this property presents an exciting opportunity for builders, investors, & forward-thinking buyers alike. The site offers the flexibility for a variety of multi-family concepts, including modern townhomes, stacked units, or ocean-view residences designed to maximize the setting. Street & alley access further enhance the development possibilities, making this a rare chance to secure a property with significant future upside. Complementing the potential is a charming, updated single-family home that is move-in ready for immediate enjoyment or rental income. Recent improvements include new flooring, fresh paint, & refreshed bathrooms, creating a bright and welcoming living space filled with character. Whether you’re looking for a comfortable home, a holding property, or your next development project, this property offers exceptional versatility and value. Measurements are approximate and should be verified if important. (id:56153)

Property Details

House
Building Type
2
Bedrooms
1
Bathrooms
1910
Year Built
116 years
Age
50
Days on Site
4,702 sf
Lot Area
906 sqft
Interior Size
C$546
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29820002 (1038388)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$495,000

Lot Area: 4,702 sf

PID: 008-810-281

Days on Site: 50 days

Added to Relistico: 2026-05-28

Updated on: 2026-05-28 01:04 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Superette
About 478.7 m away
ManLee Oriental
About 927.8 m away
385 Terminal Avenue
Shopping Centres
Port Place Shopping Centre
About 923 m away
650 Terminal Avenue
Old City Quarter
About 928.7 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 28 May 2026 12:02:53 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: eXp Realty (NA)

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