A rare chance to invest in a prime corner lot piece of real estate! Perfectly situated with convenient access to major routes, everyday essentials, Depatrure Bay Ferry Terminal, Nanaimo Regional General Hospital and many more centrally located businesses. This property presents an excellent opportunity for first time home buyers and developers. Recently rezoned to R5, the potential for a 4-plex build may exist - buyers are encouraged to verify all options independently. Whether you're envisioning a multi-unit build, a custom luxury home with an income generating suite, or a larger-scale project, this property opens the door to a range of exciting possibilities.
Data was last updated February 22, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$484,900
Min list price:
$225,000
Max list price:
$1,250,000
Avg days on market:
51
Min days on market:
4
Max days on market:
258
Avg price per sq.ft.:
$419.1
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.