Smart Investment or Perfect Starter Home!
A rare and affordable opportunity awaits at 2883 Rose Street in Chemainus. This freehold property—you own the land—offers one of the best values on the entire South Island. It’s nearly impossible to find a price like this today unless it’s a manufactured or leasehold home.
The cozy 1-bedroom, 1-bathroom house sits on a large, flat lot almost ¼ acre in size (approx. 190 ft deep), offering incredible future potential. With flexible municipal zoning, you could explore expanding the existing home or even adding a secondary dwelling (with municipal approval).
Located on a quiet street in the heart of Chemainus, you’re close to shops and all local amenities. Whether you’re an investor looking for strong upside potential or a first-time buyer searching for an affordable entry point into the market, this property delivers both.
Currently tenanted month-to-month, making it an easy turn-key investment. Opportunities like this are rare—don’t miss out!
Data was last updated October 7, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
80
Avg list price:
$750,000
Min list price:
$289,000
Max list price:
$4,250,000
Avg days on market:
74
Min days on market:
1
Max days on market:
440
Avg price per sq.ft.:
$460.36
These statistics are generated based on the current listing's property type
and located in
Du Chemainus. Average values are
derived using median calculations. This data is not produced by the MLS® system.