Practical opportunity awaits in South Nanaimo with this high-potential redevelopment lot or project home. Set back from the road, this level, easy-to-build-on property offers an ideal canvas for future development plans or hands-on project. The home features 2bd/1ba up and a 1bd/1ba lower suite—perfect for holding income while you secure your development permits. Incredible practical utility is already in place with a large workshop/garage, shed, and RV parking, catering perfectly to trades, hobbies, or storage. Located in a high-demand rental area, the location ensures effortless daily convenience close to VIU, schools, parks, transit, and downtown shops. Sold as-is, where-is, this property offers an exceptional long-term opportunity, allowing you to collect rent while finalizing your future vision. (id:2493)
Data was last updated June 22, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$749,900
Min list price:
$185,000
Max list price:
$2,366,000
Avg days on market:
38
Min days on market:
2
Max days on market:
206
Avg price per sq.ft.:
$357.44
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.
