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.
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Zillow last checked:
Listing updated:
Listed by:
Kelly Whitton Personal Real Estate Corporation,
Real Broker
Source: VIVA,MLS®#: 1025468
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 0
Bathrooms: 0
Features
Has basement: No
Has fireplace: No
Property
Features
Entry location: Main Level
Lot
Size: 0.98 Acres
Features: Level, Southern Exposure
Details
Parcel number: 001846647
Zoning: R5
Zoning description: Residential
Utilities & green energy
Water: Municipal
Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Location
Region: Nanaimo
Financial & listing details
Tax assessed value: C$677,000
Date on market: 2/10/2026
Ownership: Freehold
Electric utility on property: Yes
Road surface type: Paved
K
Kelly Whitton Personal Real Estate Corporation
(250) 933-5333
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