Rare development opportunity in highly desirable Upper Lantzville. This 5.96-acre property has been largely cleared, offers municipal services at the lot line, and benefits from extensive planning, due diligence, and entitlement work already completed. The key advantage is the R8-zoned frontage along Harwood Drive, allowing a phased development strategy: begin with 14 high-end patio homes for early revenue generation, followed by 9 single-family strata lots on the remaining R1/R2 lands. Completed work includes rezoning (R1/R2/R8), environmental and wetland assessments, stormwater management plan, RAPR approval, survey, park dedication satisfaction, and Development Permit documentation ready for submission. An existing ~2,100 SF tenanted home provides potential interim income. The adjacent property may also be available for purchase, creating a potential 34-unit vision. NDA required for qualified developers. Contact listing agents for the confidential package.
Property Type:
Residential
Type:
Land
Listing General Location:
Na Upper Lantzville, Nanaimo
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Size:
5.96 acre(s)2.41 hectare(s)
Kitchens:
0
Taxes:
$5,941.45 /
2025
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
To Lot
Sewer:
Sewer Available
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
1100000.0
Assessment year:
2026
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 4, PLAN VIP32775, DISTRICT LOT 105, NANOOSE LAND DISTRICT
Data was last updated July 10, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$924,500
Min list price:
$84,900
Max list price:
$8,900,000
Avg days on market:
66
Min days on market:
1
Max days on market:
392
Avg price per sq.ft.:
$522.73
These statistics are generated based on the current listing's property type
and located in
Na Upper Lantzville. Average values are
derived using median calculations. This data is not produced by
the MLS® system.