Victoria Real Estate
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654 Farquhar St

$629,900

Old City

Detached3 bd · 1 ba · 1,256 sqftBuilt 1919$502/sqft40 days on market

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About this home

Lovely rancher in South Nanaimo with ocean views. Offering a rare blend of charm, comfort, and future potential, this well-laid out 3-bedroom plus den, 1-bathroom home features an excellent floor plan with overheight ceilings that enhance the sense of space and light throughout. The inviting well sized living room creates a cozy yet refined atmosphere, while a bright, open-concept kitchen provides an ideal space for everyday living and entertaining, filled with natural light. Recent upgrades include new windows and a new back deck, improving both energy efficiency and outdoor enjoyment. A heat pump provides efficient year-round heating and cooling for modern comfort. Set on an expansive property with convenient lane access, this home also presents exciting potential for a laneway house or future development options (buyer to verify). The ample outdoor space is ideal for pets, families, gardeners, or investors alike. Located on a quiet no through road, adds to the home’s appeal. Whether you’re a first-time buyer looking to enter the market or an investor seeking a solid opportunity with upside potential, this property delivers exceptional value in a sought-after setting. All measurements are approximate and should be verified if important. (id:65179)

Property details

From the listing's public record.

Lot size

9,405 square feet

Year built

1919

Taxes

$3,399/yr

Zoning

Residential

View

Ocean view

Appliances

WasherRefrigeratorRange - Electric

Heating

Heat PumpForced air

Cooling

Air Conditioned

Parking

Open

Price history

4 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. May 20, 2026

    Listed $629,900

    Active40 days on marketMLS 1037337
  2. Jul 14, 2022

    $549,000

    Sold5 days on marketMLS 902460
  3. Oct 30, 2006

    $245,000

    Sold71 days on marketMLS 405489
  4. Dec 11, 2003

    $114,900

    Sold68 days on marketMLS 320888

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

Price per square foot

This home: $502/sqftArea average: $309/sqft

Above area average

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

$502,000

Land

$354,000

Improvements

$148,000

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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