Question 1

How is 256 King Rd priced compared to similar homes in University District?

Accepted Answer

At about $483 per square foot, 256 King Rd is 28% above the $376/sq ft median for single-family homes currently for sale in University District (20 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 256 King Rd?

Accepted Answer

Approximately $483 per square foot ($1,189,000 over 2,460 sq ft). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 3

How long has 256 King Rd been on the market?

Accepted Answer

256 King Rd has been listed for 20 days. The average for single-family homes in University District is about 55 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 University District?

Accepted Answer

Homes like this in University District currently average about 55 days on the market (based on 20 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 256 King Rd?

Accepted Answer

256 King Rd is zoned R1 (SINGLE DWELLING RESIDENTIAL), designated Semi-Rural 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 256 King Rd?

Accepted Answer

There are 18 parks within a kilometre of 256 King Rd. Within a short walk you'll find Black Diamond Park, Langara and Tralee Park. Contains information licenced under the Open Government Licence – Nanaimo.

Question 7

Tell me about Westwood Lake Park near 256 King Rd.

Accepted Answer

Westwood Lake Park (about 186.8 ha), at 381 Westwood Road, is one of the parks near this home. Westwood Lake Park is one of Nanaimo's best loved parks.  Nestled in the foothills of Mt. Contains information licenced under the Open Government Licence – Nanaimo.

Question 8

Is there any development activity near 256 King Rd?

Accepted Answer

The City of Nanaimo currently lists 6 active development or rezoning applications in the area, including at 254 Adderly Road and 1960 Jingle Pot Road. 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.

256 King Rd, Nanaimo BC V9R 6H9

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