For Sale5d on marketHistoric · 106 yrs
485 Park Ave
Nanaimo, BC, V9R4H3 • Vancouver Island University • Nanaimo Regional District
$598,000
$777/sqft
Down payment assistance available
2Beds
1Baths
770Sqft
0.16 acLot
1920Built
Property DNA
Character Home
Built 1920 · 106 years of history
1 Fireplace
Electric
Special Features
Shed(s) · Workshop
Market activity
Demand and pricing signals for this listing
40 views
People checking out this listing
1 saves
Buyers have saved this home
5 days on market
Just listed — act fast
$777/sqft
Price per square foot
About this home
Single Family · Built 1920 · Historic
STUDIO/WORKSHOP! Charming 1920s 2-bedroom home on a level, fully fenced lot with both street and alley access—perfect for extra parking, a garden, pets, or play. Step inside to a cozy layout that maximizes every square foot, ideal for first-time buyers, downsizers, or investors. You’ll love being just moments from bus routes, neighborhood parks, and convenient shopping, making everyday errands a breeze. Located in the desirable University area, this home offers an excellent opportunity for easy commuting, access to campus and facilities, and strong long-term rental or resale potential. Enjoy classic character, a manageable yard, and a location that truly puts you in the heart of everything. Don’t miss this affordable gem with big possibilities! Zoned R5.
Standout features identified
Our analysis highlights level fully fenced lot, classic character, and manageable yard as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,900/month
Principal & Interest$3,103
Property Tax$598
Insurance$199
Down payment20% ($119,600)
3%50%
Est. 6.75% rate · 30yr fixed · $478,400 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1920
HeatingBaseboard, Electric
CoolingNone
Parking4 Open Parking spaces
Lot6,969 sqft
Days on Zillow5 Days
Price/sqftC$777
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionResale
Year built1920
Systems
HeatingBaseboard, Electric
CoolingNone
RoofAsphalt Shingle
ConstructionFrame Wood, Vinyl Siding, Wood Siding
Water / SewerMunicipal
Parking & Outdoor
ParkingAdditional Parking, Driveway, On Street, Open, RV Access/Parking, Other
BasementCrawl Space,None
Fireplaces1
FencingFull
Lot6,969 sqft
Location & Tax
NeighborhoodVancouver Island University
ZoningR5
Annual tax$3,438
Parcel007405634
Features & details
14 categories of property features
Interior Features
Interior
Workshop
Appliances
Oven/Range Electric
Refrigerator
Flooring
Mixed
Heating
Baseboard
Electric
Cooling
None
Laundry
Inside
Fireplace
Electric
Windows
Wood Frames
Exterior Features
Exterior
Low Maintenance Yard
Parking
Additional Parking
Driveway
On Street
Open
RV Access/Parking
Other
Construction
Frame Wood
Vinyl Siding
Wood Siding
Lot Features
Central Location
Easy Access
Level
Utilities
Sewer Connected
Other Structures
Shed(s)
Workshop
Room details
1 room detailed
Kitchen
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market5
Price/sqft$777
On marketApr 9, 2026
PostedApr 9, 2026
MLS updatedApr 9, 2026
Tour days6
Views40
Favorites1
Location
Nanaimo, BC, V9R4H3
Price history
1 event
DateEventPrice$/sqftSource
Apr 9, 2026Listed For Sale$598,000$777VIVA
Listed For Sale$598,000
Apr 9, 2026•$777/sqft•VIVA
Nearby homes
Neighborhood details
Local context around this listing
Nanaimo, BC • Nanaimo Regional District
Nearby neighborhoods
City CentreDeparture BayHammond BayHarewoodLinley ValleyNew CastleNorthfieldRutherfordSouth EndWestwood
Nearby cities
LantzvilleNanaimoParksvilleQualicum Beach
Nearby zip codes
V9RV9SV9TV9V
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Listing content Copyright 2026 Vancouver Island Real Estate Board & Victoria Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.
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