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.
Data was last updated October 30, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$849,000
Min list price:
$198,000
Max list price:
$4,388,000
Avg days on market:
43
Min days on market:
1
Max days on market:
149
Avg price per sq.ft.:
$376.3
These statistics are generated based on the current listing's property type
and located in
Na Chase River. Average values are
derived using median calculations.