528 Hecate St

Nanaimo, British Columbia · Neighbourhood: Old City
C$514,900

Local Decision Guide

How should buyers evaluate 528 Hecate 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.

For sale
528 Hecate St

Remarks

This one is NOT for the faint of heart but it’s a heck of a development opportunity! Just around the corner from the historic Nob Hill park, adjacent the old city quarter and just minutes away from every transportation option to the mainland you’ll find 528 Hecate St. Sitting on a 6,336 sq ft corner lot with R15 Old City Medium Density Residential zoning in place, this property opens the door for redevelopment ideas in an area that continues to evolve. Although the current home has been boarded up for safety, the opportunity here is all about the land, location, and future potential. A demolition quote is available for buyers looking to start fresh. If bringing this 1911 home back to life IS possible there’s currently over 2,800 square feet of structure on site plus an additional unauthorized dwelling at the rear of the property. This is definitely a project… but for the right buyer, builder, or developer, there may be an exciting opportunity to reimagine this property entirely. (id:56153)

Property Details

House
Building Type
6
Bedrooms
3
Bathrooms
1911
Year Built
115 years
Age
8
Days on Site
6,336 sf
Lot Area
2,886 sqft
Interior Size
C$178
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29825288 (1038637)

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Site Context

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Property Summary

Price: C$514,900

Lot Area: 6,336 sf

PID: 000-341-266

Days on Site: 8 days

Added to BurnabyHouse: 2026-05-29

Updated on: 2026-05-29 04:02 PM PDT

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Lot info

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Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Superette
About 210.3 m away
ManLee Oriental
About 517.4 m away
385 Terminal Avenue
Shopping Centres
Old City Quarter
About 518.8 m away
Port Place Shopping Centre
About 599.4 m away
650 Terminal Avenue
Parks / Green Space
SAYSUTSHUN (NEWCASTLE ISLAND MARINE) PARK
About 1.7 km away
Class A · 0133 · 00
PETROGLYPH PARK
About 2.2 km away
Class A · 0043 · 00

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Fri, 29 May 2026 03:32:25 PM PDT

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