Property Description
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 Details
MLS #:
1032962
ID #:
31092585
Type:
Commercial Sale
Sub-Type:
Multi Family
Area:
Nanaimo
Sub-Area:
Na North Nanaimo
Status:
Active
Lot Size:
0.49 acres
Property Tax:
$5,780 (2025)
Days on Market:
40 days
Listing provided by 460 Realty Inc. (NA)
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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