Rare opportunity to acquire one or both of these prime building lots, ideally located just a short walk from Nanaimo Regional General Hospital. Situated on a quiet no-through road with peaceful rear-lane access, the properties offer privacy, convenience, and excellent development potential. Zoned R5, the lots provide a range of residential development possibilities for builders, investors, or those looking to create a custom home. The existing residence currently straddles both properties; it has been professionally remediated and will be removed by the seller, leaving an excellent building site ready for your vision. LOT 1 - Corner of Oakley & Waddington. Purchase one lot or secure both for even greater potential. Opportunities like this are rarely available in such a desirable and convenient location. Buyers should verify all development possibilities and requirements with the City of Nanaimo.
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Zillow last checked:
Listing updated:
Listed by:
Jenn Tonsi,
Royal LePage Nanaimo Realty (NanIsHwyN)
Source: VIVA,MLS®#: 1044575
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 0
Bathrooms: 0
Features
Has basement: No
Has fireplace: No
Property
Parking
Total spaces: 2
Parking features: Other
Features
Entry location: Main Level
Lot
Size: 3,920 Square Feet
Details
Parcel number: 006988431
Zoning: R5
Zoning description: Residential
Utilities & green energy
Water: Municipal
Utilities for property: Sewer Available
Community & HOA
Location
Region: Nanaimo
Financial & listing details
Tax assessed value: C$563,000
Annual tax amount: C$4,116
Date on market: 7/29/2026
Listing terms: Must Be Paid Off
Ownership: Freehold
Jenn Tonsi
Jenn Tonsi
(250) 668-0067
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