Located in the heart of the University District, 587 Lance Place, Nanaimo, BC offers a rare opportunity to own a spacious executive family home with a 2-bedroom legal suite in the popular Hawthorne Estates community. Positioned in a newer subdivision with excellent access to the Nanaimo Parkway, this home is just minutes from Vancouver Island University, aquatic and ice centres, parks, transit, and essential amenities—making it an ideal choice for families, professionals, and real estate investors.This well-maintained residence provides over 2,550 sq. ft. of functional living space, featuring six bedrooms and three bathrooms designed for flexibility and comfort. The main living area showcases 9-foot ceilings, natural gas forced-air heating, and a cozy gas fireplace, creating a warm and inviting atmosphere. A bright open-concept layout connects the spacious great room to a stylish designer kitchen complete with quartz countertops, ample cabinetry, stainless steel appliances, and high-quality flooring throughout.
The lower-level 2-bedroom legal suite is fully equipped with its own appliances, offering excellent rental income potential, a reliable mortgage helper, or private accommodations for extended family. Additional features include an attractive exterior design, double car garage, abundant storage space, and a fully landscaped, partially fenced yard ideal for outdoor living.Whether you are searching for a family home near VIU, a Nanaimo investment property with a legal suite, or a spacious residence in a quiet, well-established neighbourhood, 587 Lance Place delivers exceptional value, location, and versatility.
Address
587 Lance Pl
List Price
$938,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na University District
Bedrooms
5
Bathrooms
3
Floor Area
2,584 Sq. Ft.
Lot Size
4263 Sq. Ft.
Lot Size (Acres)
0.1 Ac.
Year Built
2019
MLS® Number
1022905
Listing Brokerage
eXp Realty (NA)
Basement Area
Full
Postal Code
V9R 0J6
Tax Amount
$6,267.00
Tax Year
2025
Features
Forced Air, Laminate, Mixed, Natural Gas
Amenities
Fencing: Partial, Low Maintenance Yard