- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1025468
- Photos (3)
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Prime Development Opportunity in Nanaimo This exceptional nearly one-acre (.98) vacant lot presents an unparalleled opportunity for discerning builders and land developers. Situated in a thriving family-oriented community and directly across from an Elementary School, this property is currently zoned R5, offering extensive possibilities for multi-family new construction. With the city’s favorable stance towards higher density (subject to approval), this is an ideal location for innovative development. Seize this chance to contribute to the growth of Nanaimo while creating a legacy in a sought-after neighborhood.
- Property Type:
- Residential
- Type:
- Land
- Listing General Location:
- Na Chase River, Nanaimo
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 0.969 acre(s)
- Kitchens:
- 0
- Electricity:
- Yes
- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- City of Nanaimo
- Zoning:
- R5
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Utilities:
- Electricity Connected
- Lot Site Features:
- Level, Southern Exposure
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 0
- Road Surface Type:
- Paved
- Date Listed:
- Feb 10, 2026
- Original Price:
- 599000.0
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Listed by REMAX Professionals (NA)
Data was last updated March 3, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 24
- Avg list price:
- $799,450
- Min list price:
- $214,000
- Max list price:
- $2,175,000
- Avg days on market:
- 41
- Min days on market:
- 3
- Max days on market:
- 549
- Avg price per sq.ft.:
- $369.61
These statistics are generated based on the current listing's property type
and located in
Na Chase River. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MARTIN VELSEN
- RE/MAX OF NANAIMO
- 1 (250) 3272324
- Contact by Email
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