Question 1

How is 995 Franklyn St priced compared to similar homes in Old City?

Accepted Answer

At about $300 per square foot, 995 Franklyn St is 5% below the $315/sq ft median for single-family homes currently for sale in Old City (15 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 995 Franklyn St?

Accepted Answer

Approximately $300 per square foot ($699,900 over 2,331 sq ft). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 3

How long has 995 Franklyn St been on the market?

Accepted Answer

995 Franklyn St has been listed for 61 days. The average for single-family homes in Old City is about 57 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 Old City?

Accepted Answer

Homes like this in Old City currently average about 57 days on the market (based on 15 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 995 Franklyn St?

Accepted Answer

995 Franklyn St is zoned R14 (OLD CITY LOW DENSITY (FOURPLEX) RESIDENTIAL), designated Old City 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 995 Franklyn St?

Accepted Answer

There are 17 parks within a kilometre of 995 Franklyn St. Within a short walk you'll find Bruce Avenue Park, Chesterlea Park and Durham Park. Contains information licenced under the Open Government Licence – Nanaimo.

Question 7

Tell me about Pawson Gyro Park near 995 Franklyn St.

Accepted Answer

Pawson Gyro Park (about 0.2 ha), at 410 Machleary Street, is one of the parks near this home. Pawson Park is one of the longest established parks in Nanaimo.  It was named after John Pawson who was a former mayor of Nanaimo from 1880 until 1881. Contains information licenced under the Open Government Licence – Nanaimo.

Question 8

Is there any development activity near 995 Franklyn St?

Accepted Answer

The City of Nanaimo currently lists 8 active development or rezoning applications in the area, including at 415 Prideaux Street, 480 Machleary Street and 335 Third Street. 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.

995 Franklyn St, Nanaimo BC V9R 2Y6

Property details

Photographs