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Welcome to the University District.  Arguably the best area of the city for investment, the University area boasts a great mix of homes with suites for students, family homes, pockets of new homes,  most of them built in the last 5 years have suites in them.  This area has really developed over the last 5 years with new shopping areas, Restaurants and many new condo and apartment developments.  Elementary schools is this area are Fairview,  Georgia Ave, Park Ave, and the High School is Nanaimo District Secondary.  Some of the schools border on other areas but almost all areas of the University District are within walking District.  There is also the city’s very popular Aquatic Center, featuring a indoor water park and river for the kids, gym and café.  Across from this Center is the NIC, One of two of Nanaimo’s indoor Ice Rinks.  This area is very affordable and is popular for families, first time home buyers and those wanting to be close to the University both as a student, teacher or support staff.

University District Listings

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286 King Rd
Na University District V9R 6H9

$309,000
Residential beds: 0 baths: 0.0

Main Photo: 286 King Rd in : Na University District Land for sale (Nanaimo)  : MLS®# 871924
Photo 1: 286 King Rd in : Na University District Land for sale (Nanaimo)  : MLS®# 871924
Photo 2: 286 King Rd in : Na University District Land for sale (Nanaimo)  : MLS®# 871924
Photo 3: 286 King Rd in : Na University District Land for sale (Nanaimo)  : MLS®# 871924
Photo 4: 286 King Rd in : Na University District Land for sale (Nanaimo)  : MLS®# 871924
Status:
Active
Prop. Type:
Residential
MLS® Num:
871924
Want to build your dream home with ocean view? This 1.21 Acre lot is ready for your design and future home. The City of Nanaimo allows you to build up to 2 homes with suites on this property! Please note that there is an easement on Title for Lots 36, 37, 42 6 43 to grant a Right of Way for a common driveway to access the property. A road will need to be constructed over lots 36, 37, 42, and 43 in order to access Property, as this lot is land - locked. Note: Access to Property is at the end of Montclair Drive and then walk left up the gravel trail which is Tralee Road. No access by King Road as it dead ends. No Sign. Per City, Ring Road will not be extended due to steepness of slope.
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na University District, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
1.21 acre(s)
Kitchens:
0
Taxes:
Ceiling Heights:
Commercial Area:
# 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:
None
Sewer:
None
Fireplace:
No
Pending Date:
Ocean
Main Level
0
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Yes
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
RS1
Units in Building:
Units in Community:
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
Occupancy:
Vacant
Lot Site Features:
Hillside, Wooded
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
0
Road Surface Type:
Unimproved
Total Units:
Date Listed:
Apr 07, 2021
Original Price:
369000.0
  • Photo 1: 286 King Rd in : Na University District Land for sale (Nanaimo)  : MLS®# 871924
    Photo 1 of 4
  • Photo 2: 286 King Rd in : Na University District Land for sale (Nanaimo)  : MLS®# 871924
    Photo 2 of 4
  • Photo 3: 286 King Rd in : Na University District Land for sale (Nanaimo)  : MLS®# 871924
    Photo 3 of 4
  • Photo 4: 286 King Rd in : Na University District Land for sale (Nanaimo)  : MLS®# 871924
    Photo 4 of 4
Listed by RE/MAX Of Nanaimo
Data was last updated September 23, 2021 at 12:05 PM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$559,900
Min list price:
$279,900
Max list price:
$3,950,000
Avg days on market:
45
Min days on market:
1
Max days on market:
204
Avg price per sq.ft.:
$350.54
These statistics are generated based on the current listing's property type and located in Na University District. Average values are derived using median calculations.
DEANA BAUMEL / MICHAEL PETERSON
GREG BULLOCK
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.