5378 Rutherford Rd

5378 Rutherford Rd · Nanaimo, North Nanaimo · Multi-Family · $799,900 · MLS 1032962

Nanaimo, British Columbia · Neighbourhood: North Nanaimo

C$799,900

For sale

5378 Rutherford Rd is located in Nanaimo (North Nanaimo). Property snapshot: Multi-Family, listed at $799,900, MLS 1032962. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 56. Latest recorded list price 799900.00; 1 price

List Price: $799,900

MLS: 1032962

Days on Site: 56

Price History: Latest recorded list price 799900.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 5378 Rutherford Rd?

Start by reading this listing in its Nanaimo North 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 5378 Rutherford Rd?

This page shows a list price of $799,900 with MLS 1032962.

What type of home is this Nanaimo, North Nanaimo listing?

The page shows Multi-Family at 5378 Rutherford Rd. 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 56 days on market/site. Latest recorded list price 799900.00; 1 price change(s) on file.

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.

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Remarks

DEVELOPERS ALERT! This Oceanview property has been rezoned R6 for multi-family purposes and sits on a half-acre lot — envision up to seven modern townhomes in a highly sought-after North Nanaimo location. Zoning allows multiple styles of mulit family dwellings, including townhomes, duplex's, detached duplex's, duplex's with suite or homes with suites. A builder is allowed up to 10,000 sqft of buildable interior space. The property currently includes a 1,300 sq ft rancher, fully wheelchair accessible, with 2 bedrooms, 2 bathrooms, an open-concept living area, and a spacious kitchen and dining space. Additional features include laundry, pantry, mudroom, and a two-car garage. Outside, the private backyard offers plenty of space for kids, gardening, and entertaining. With 200-amp service and RV parking, this property blends development potential with a comfortable, accessible home, all just minutes from shopping, dining, parks, and other North Nanaimo amenities — an ideal combination of lifestyle and investment. (id:56153)