
654 Farquhar St
$629,900
Old City
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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
Appliances
Heating
Cooling
Parking
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
May 20, 2026
Listed $629,900
Active40 days on marketMLS 1037337Jul 14, 2022
$549,000
Sold5 days on marketMLS 902460Oct 30, 2006
$245,000
Sold71 days on marketMLS 405489Dec 11, 2003
$114,900
Sold68 days on marketMLS 320888
How this listing compares
Based on 24 sales in Old CityMedian sold
$620,000
Avg days on market
57 days
Avg sale-to-list
97%
Avg $/sqft
$309
Price per square foot
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 market — 10.5 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.
Local price index (normalized) · 119 months
Recent nearby sales
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.