10
Days on Market
Description
Prime Development Opportunity in Nanaimo This exceptional nearly one-acre (.98) vacant lot presents an unparalleled opportunity for discerning builders and land developers. Situated in a thriving family-oriented community and directly across from an Elementary School, this property is currently zoned R5, offering extensive possibilities for multi-family new construction. With the city’s favorable stance towards higher density (subject to approval), this is an ideal location for innovative development. Seize this chance to contribute to the growth of Nanaimo while creating a legacy in a sought-after neighborhood.
Property Details
| Property Type | Residential |
| Property Sub Type | Land |
| Listing ID | 1025468 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Chase River |
| Postal Code | V9R 6R7 |
| Property Taxes | $0.00 (2026) |
| Zoning | R5 |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Listed Date | Feb 10, 2026 |
| Ownership | Freehold |
| Lot Size | 0.98 acres |
Building Details
| Stories | -1 |
Additional Information
| Features | Level lot, Southern exposure |
| Land Size | 0.97 ac |
| Land Access | Road access |
| Transaction | For sale |