388 Pine St

388 Pine St · Nanaimo, Old City · Duplex · 2 bed · 1 bath · $489,900 · MLS 1037332

Nanaimo, British Columbia · Neighbourhood: Old City
C$489,900
For sale
388 Pine St

388 Pine St is located in Nanaimo (Old City). Property snapshot: Duplex, 2 bed, 1 bath, listed at $489,900, MLS 1037332. 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 l

List Price: $489,900
MLS: 1037332
Bedrooms: 2
Bathrooms: 1
Interior Size: 960 sqft
Days on Market: -
Days on Site: 51
Deal Score: 50/100
Price History: Latest recorded list price 489900.00

Local Decision Guide

How should buyers evaluate 388 Pine St?

Start by reading this listing in its Nanaimo Old City 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 388 Pine St?

This page shows a list price of $489,900 with MLS 1037332.

What type of home is this Nanaimo, Old City listing?

The page shows Duplex, 2 bed, 1 bath at 388 Pine 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 489900.00.

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

Welcome to 388 Pine St, a charming 2-bedroom, 1-bathroom half duplex in Nanaimo's Old City. Offered at 489900 with no strata fees, this move-in-ready, 949 square-foot home features a bright kitchen, new flooring, new from and back doors, and a freshly painted interior. Major appliances like the refrigerator, oven/range, washer and the dryer add immediate convenience, while a natural gas forced air heating system keeps the space cozy. The exterior boasts a durable poured concrete foundation, a recently replaced rood, a private garden space, and a driveway with parking for two vehicles. Situated an easy walk from both Vancouver Island University and downtown Nanaimo, this property represents and unmatched opportunity and serves as the perfect place for first-time home buyers looking to transition into homeownership or relocators from the mainland seeking an ideal start to their Vancouver Island Lifestyle. (id:56153)

Property Details

Duplex
Building Type
2
Bedrooms
1
Bathrooms
1969
Year Built
57 years
Age
51
Days on Site
960 sqft
Interior Size
C$510
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29774043 (1037332)

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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$489,900

PID: 000-698-032

Days on Site: 51 days

Added to BurnabyHouse: 2026-05-19

Updated on: 2026-05-28 10:01 AM 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 500.1 m away
Buy Low Foods
About 621.5 m away
Shopping Centres
University Village
About 595.3 m away
530 Fifth Street, Nanaimo
Old City Quarter
About 599.7 m 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: Thu, 28 May 2026 09:22:50 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Royal LePage Nanaimo Realty (NanIsHwyN)

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