DEVELOPERS ALERT! This Oceanview property has been rezoned R6 for multi-family purposes and sits on a half-acre lot — envision up to seven modern townhomes in a highly sought-after North Nanaimo location. Zoning allows multiple styles of mulit family, incl townhomes, duplex, detached duplex, duplex with suite or homes with suites. A builder is allowed up to 10,000 sqft of buildable interior space. The property currently includes a 1,300sqft rancher, fully wheelchair accessible, with 2 bedrooms, 2 bathrooms, an open-concept living area, and a spacious kitchen and dining space. Additional features include laundry, pantry, mudroom, and a two-car garage. Outside, the private backyard offers plenty of space for kids, gardening, and entertaining. With 200-amp service and RV parking, this property blends development potential with a comfortable, accessible home, all just minutes from shopping, dining, parks, and other North Nanaimo amenities — an ideal combination of lifestyle and investment.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
See Remarks
Listing General Location:
Na North Nanaimo, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
21,344 sq. ft.1,983 m2
Taxes:
$5,780 /
2025
Building Features:
Parking, Shopping Nearby, Transit Nearby
Construction:
Frame Wood, Wood
Foundation:
Concrete Perimeter
Electricity:
Yes
Floor finish:
Mixed
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Hot Water, Natural Gas, Radiant Ceiling
Fireplace:
No
Garden
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Assessed:
975000.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT A, PLAN VIP84854, DISTRICT LOT 32, WELLINGTON LAND DISTRICT
Data was last updated May 10, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
109
Avg list price:
$1,050,000
Min list price:
$23
Max list price:
$25,000,000
Avg days on market:
102
Min days on market:
2
Max days on market:
712
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.