546 Wakesiah Ave: home in University District, Nanaimo
Sold · March 19, 2026

546 Wakesiah Ave, Nanaimo

6 bed · 3 bath · 2,120 sqft · Built 1981 · University District
Listed at  $700,000
🔒 Sold price: free with sign-in

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This home has now sold.

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*Nanaimo's top-selling real estate agent based on cumulative MLS® sales from 1992 to 2026. Sold data available to registered users under VOW terms.

Sale history for 546 Wakesiah Ave

This home has sold 2 times on the MLS®.
DateEventPriceDays on market
March 19, 2026Sold🔒 Sign in to view64 days
March 14, 2023Sold🔒 Sign in to view

About this home

Turn-Key Investment Property Near VIU – Strong ROI & Market Rent in Place. Opportunity knocks with this fully tenanted 6-bedroom, 3-bathroom investment property, just steps from Vancouver Island University. The COR1 zoning allows for mixed use commercial/residential or up to 6 story multi-family making this a great holding property with cashflow today and development potential in the future. Spanning 2,120 sqft over two self-contained levels with three bedrooms per floor, offering excellent rental flexibility and consistent cashflow. Both suites are currently occupied by long-term tenants paying market rent, contributing to a solid cap rate and low vacancy risk. This income-generating property is perfectly suited for investors seeking a high return on investment in a high-demand rental area with development potential.

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Recent sales in University District

Other recently sold homes near 546 Wakesiah Ave — sale history and sold-price details on each page.

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