Unlock the potential of this over 10,000 sqft level lot in a rapidly evolving Central Nanaimo neighbourhood. Zoned R5 – Three & Four Unit Residential, this property offers incredible flexibility for multi-unit development, including duplexes, secondary suites, and up to four dwellings.
The existing 3-bedroom, 1-bathroom home has plenty of character and could benefit from your personal touch — perfect for renovation or redevelopment. Upstairs, you'll find one of the bedrooms plus a bonus room, offering extra space and flexibility.
Located close to amenities, transit, and within an area experiencing exciting revitalization, this is a strategic investment with endless possibilities. Whether you're looking to build, hold, or renovate, this property is a must-see.
Opportunities like this don’t last—contact us today!
Data was last updated May 20, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$534,950
Min list price:
$199,900
Max list price:
$1,595,000
Avg days on market:
40
Min days on market:
4
Max days on market:
334
Avg price per sq.ft.:
$428.75
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations.