12 Gillespie St

12 Gillespie St · Nanaimo · House · 2 bed · 1 bath · $589,900 · MLS 1026633

Nanaimo, British Columbia
C$589,900
For sale
12 Gillespie St

12 Gillespie St is located in Nanaimo. Property snapshot: House, 2 bed, 1 bath, listed at $589,900, MLS 1026633. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list pric

List Price: $589,900
MLS: 1026633
Bedrooms: 2
Bathrooms: 1
Interior Size: 925 sqft
Days on Market: -
Days on Site: 78
Deal Score: 50/100
Price History: Latest recorded list price 589900.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 12 Gillespie St?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 12 Gillespie St?

This page shows a list price of $589,900 with MLS 1026633.

What type of home is this Nanaimo listing?

The page shows House, 2 bed, 1 bath at 12 Gillespie St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 589900.00; 1 price change(s) on file.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Attention savvy investors or first-time buyers! This charming 2-bedroom, 1-bathroom home offers coastal appeal and functional living near the waterfront. Enjoy 925 sq. ft. of cozy upper-level living featuring a sun-filled country kitchen, all-day ocean views, and the comfort of a newly installed gas-fired forced air furnace and hot water tank. Situated on an over 8571sqft rectangle lot(55.3x155.4ft), this versatile property features a detached powered workshop, garden shed, and a fully fenced yard with dual-side gated parking for excellent privacy and security, ample space for your RV, boat, and multiple vehicles. The full basement is currently used for storage and a secondary workshop, offering excellent future potential. There is also potential for multi-family redevelopment (up to 4 units in R5 zoning—buyer to verify with the City), making this a compelling long-term investment. With strong demand in the area, this is an outstanding opportunity. Vacant for Easy to show! (id:56153)

Property Details

House
Building Type
2
Bedrooms
1
Bathrooms
1919
Year Built
107 years
Age
78
Days on Site
8,572 sf
Lot Area
925 sqft
Interior Size
C$638
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29387682 (1026633)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$589,900

Lot Area: 8,572 sf

PID: 002-493-837

Days on Site: 78 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-04-15 06:09 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Superette
About 1 km away
Thrifty Foods
About 1.3 km away
650 Terminal Avenue, Nanaimo
Shopping Centres
Port Place Shopping Centre
About 1.3 km away
650 Terminal Avenue
Old City Quarter
About 1.5 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 15 Apr 2026 05:06:28 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Sutton Group-West Coast Realty (Nan)

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