Zoned R8 - High Density Multi-Story Residential. This property offers significant LAND ASSEMBLY POTENTIAL with favorable neighboring interest. Positioned in a rapidly developing urban core, this site is a prime candidate for a larger-scale multi-unit project beyond its individual lot size. Holding income available while you navigate the development process. Contact Listing Agent for a detailed strategic development package and potential assembly options. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Total Living Area:
1,160 sq. ft.108 m2
Zoning:
Residential, R8
Taxes:
$2,860.49 /
-
Community:
South Nanaimo
View:
Ocean view
Structure Type:
House
Bedrooms:
3
Bathrooms:
2.0
Cooling:
Air Conditioned
Fireplace:
No
Heating:
Heat Pump, Forced air, Electric
Lot Size:
4,356 sq. ft.405 m2
Lot Details:
4356
Lot Features:
Central location, See remarks, Other, Marine Oriented
Data was last updated June 8, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
82
Avg list price:
$569,450
Min list price:
$185,000
Max list price:
$2,366,000
Avg days on market:
28
Min days on market:
1
Max days on market:
192
Avg price per sq.ft.:
$535.06
These statistics are generated based on the current listing's property type
and located in
South Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.