Situated on the high side of Prideaux Street in Nanaimo’s sought-after Old City, 415 Prideaux offers an excellent opportunity for builders and developers seeking a development site. This land-only property is zoned DT8 – Old City Mixed Use and benefits from rear lane/alley access. A development permit application has been submitted for a proposed five-unit multi-family townhouse development consisting of two buildings, designed with efficient, attainable construction in mind. An appealing entry-level development opportunity for developers. The elevated location may offer potential views. Conveniently located near downtown Nanaimo, shopping, services, restaurants and transportation. All information, zoning, development potential, dimensions, permits, servicing, plans, costs and proposed uses must be independently verified by the Buyer. The active development permit application does not constitute approval or guarantee future development potential.
Property Type:
Residential
Type:
Land
Listing General Location:
Na Old City, Nanaimo
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Size:
8,712 sq. ft.809 m2
Kitchens:
0
Taxes:
$4,277 /
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:
Municipal
Sewer:
Sewer Available
Fireplace:
No
Ocean
Main Level
0
Yes
No
Unrestricted
Assessed:
619000.0
Assessment year:
2026
Jurisdiction name:
City of Nanaimo
Legal Description:
Lot 19, Block 24, Plan VIP584, Section 1, Nanaimo Land District
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lot Site Features:
Family-Oriented Neighbourhood, Marina Nearby, Near Golf Course, No Through Road, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Sloped
Data was last updated August 18, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
74
Avg list price:
$549,000
Min list price:
$165,000
Max list price:
$1,245,000
Avg days on market:
55
Min days on market:
1
Max days on market:
616
Avg price per sq.ft.:
$522.29
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by
the MLS® system.