Property Attributes
- MLS#1046554
- TypeCommercial
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa South Nanaimo
- Postal CodeV9R 4A7
- StyleMulti Family
- Taxes$ 25258
- Price$ 5,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size90.48 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description
Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. Offered as-is, where-is. All information and measurements are approximate and must be verified if important.
General Features
| Zoning | R10 |
|---|---|
| Property Subtype | Multi Family |
| Property Type | Commercial Sale |
| Commercial Area | Not Applicable |
| Commercial Listing Type | Land |
Exterior Features
| Lot Features | Acreage,Central Location |
|---|---|
| Lot Size Square Feet | 3941308.80 |
| Lot Size Acres | 90.48 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2026 All rights reserved.
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