Victoria Real Estate
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306 Fitzwilliam St

Old City

Detached— · — · —285 days on market

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About this home

This 1,068 sq ft retail space, formerly an ice cream parlour, is located in the historic Gallery Row of the Old City Quarter, a vibrant and growing hub in the heart of the city. With its charming atmosphere and prime visibility, the space offers endless potential for a variety of retail concepts, from boutiques to cafes. Situated in a pedestrian-friendly area, it is surrounded by trendy shops, galleries, and local businesses, making it a perfect spot to attract both locals and tourists. The location is further enhanced by its proximity to significant new developments, including the Telus Living project, which will add 195 rental homes, and the 340 Campbell Street development, bringing an additional 163 residential units. These exciting additions are expected to drive foot traffic and provide a growing customer base, all within a short walking distance of the property. This is a rare opportunity to secure a retail space in one of the city’s most iconic and up-and-coming neighborhoods. (id:65179)

Property details

From the listing's public record.

Zoning

Unknown

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 17, 2025

    Active285 days on marketMLS 1013609

How this listing compares

Based on 24 sales in Old City

Median sold

$620,000

Avg days on market

57 days

Avg sale-to-list

97%

Avg $/sqft

$309

Current market in Old City

Active (same type)

21

Pending

3

All active listings

89

Months of supply

10.5

Buyer's market10.5 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$494,200

Homes in Nanaimo sell at 103.3% of assessed value on average.

Based on 1116 recent sales.

Local price trend

How Old City has moved over the last decade.

5984110Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

11 sales
  • 16 Irwin St

    $685,000

    3 bd · 2 ba · 2,282 sqft · $300/sqft · 35 days on market

    Sold Jun 8, 2026 · 99.3% of list

  • 43 Kennedy St

    $543,500

    2 bd · 1 ba · 1,836 sqft · $296/sqft · 50 days on market

    Sold May 21, 2026 · 99.7% of list

  • 556 Kennedy St

    $400,000

    4 bd · 2 ba · 1,500 sqft · $267/sqft · 38 days on market

    Sold May 6, 2026 · 88.9% of list

  • 436 Kennedy St

    $640,000

    2 bd · 1 ba · 1,339 sqft · $478/sqft · 69 days on market

    Sold Apr 15, 2026 · 94.8% of list

  • 249 Victoria Rd

    $700,000

    5 bd · 3 ba · 3,878 sqft · $181/sqft · 16 days on market

    Sold Apr 2, 2026 · 96% of list

  • 352 Kennedy St

    $739,000

    2 bd · 2 ba · 2,709 sqft · $273/sqft · 25 days on market

    Sold Mar 16, 2026 · 98.5% of list

  • 609 Milton St

    $705,000

    3 bd · 3 ba · 1,785 sqft · $395/sqft · 28 days on market

    Sold Mar 5, 2026 · 95.9% of list

  • 680 Pine St

    $524,900

    3 bd · 1 ba · 1,759 sqft · $298/sqft · 18 days on market

    Sold Jan 21, 2026 · 100% of list

  • 762 Albert St

    $475,000

    3 bd · 2 ba · 1,641 sqft · $289/sqft · 211 days on market

    Sold Jan 15, 2026 · 95% of list

  • 418 Kennedy St

    $785,000

    4 bd · 3 ba · 3,034 sqft · $259/sqft · 69 days on market

    Sold Jan 7, 2026 · 98.1% of list

  • 302 Victoria Rd

    $735,000

    3 bd · 2 ba · 2,887 sqft · $255/sqft · 37 days on market

    Sold Jan 6, 2026 · 98.1% of list

More on this listing

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