Question 1

How is 243 Princess St priced compared to similar homes in South Nanaimo?

Accepted Answer

At about $557 per square foot, 243 Princess St is 45% above the $383/sq ft median for single-family homes currently for sale in South Nanaimo (42 comparable listings). Price per square foot compares homes of different sizes fairly. Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 2

What is the price per square foot at 243 Princess St?

Accepted Answer

Approximately $557 per square foot ($479,900 over 862 sq ft). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 3

How long has 243 Princess St been on the market?

Accepted Answer

243 Princess St has been listed for 0 days. The average for single-family homes in South Nanaimo is about 63 days. Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 4

How quickly do homes sell in South Nanaimo?

Accepted Answer

Homes like this in South Nanaimo currently average about 63 days on the market (based on 42 comparable listings). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 5

What is the zoning at 243 Princess St?

Accepted Answer

243 Princess St is zoned R5 (THREE AND FOUR UNIT RESIDENTIAL), designated Suburban Neighbourhood in the City's Official Community Plan, per City of Nanaimo records. Zoning governs permitted uses — confirm specifics with the City before relying on it. Contains information licenced under the Open Government Licence – Nanaimo.

Question 6

What parks are near 243 Princess St?

Accepted Answer

There are 17 parks within a kilometre of 243 Princess St. Within a short walk you'll find Cat Stream Watercourse Park, Chase River Watercourse Park and Knowles Park. It's also close to Chase River. Contains information licenced under the Open Government Licence – Nanaimo.

Question 7

Tell me about Robins Park near 243 Princess St.

Accepted Answer

Robins Park (about 2.9 ha), at 620 Park Avenue/62 Duke Street, is one of the parks near this home. Robins Park is the host site for a number of baseball teams throughout the year.  The south end of the park is lit allowing for evening play. Contains information licenced under the Open Government Licence – Nanaimo.

Question 8

Is there any development activity near 243 Princess St?

Accepted Answer

The City of Nanaimo currently lists 8 active development or rezoning applications in the area. Nearby development can affect views, traffic, and future value — worth reviewing before you buy. Contains information licenced under the Open Government Licence – Nanaimo.

Question 9

What is the difference between a legal suite and an in-law suite?

Accepted Answer

A legal secondary suite has been permitted and inspected by the municipality and meets building-code requirements for a separate dwelling — it can generally be rented out, and lenders may count its income toward mortgage qualification. An in-law or unauthorized suite hasn't been through that process; many function well, but the city can require upgrades and lenders may treat the income differently. If the suite matters to your plans, confirm its status with the City and your lender.

243 Princess St, Nanaimo BC V9R 4M8

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