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311 Wallace St
Na Old City Nanaimo V9R 5B5

$895,000
Residential beds: 0 baths: 0.0

Main Photo: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 1: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 2: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 3: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 4: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 5: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 6: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Status:
Active
Prop. Type:
Residential
MLS® Num:
981574
Prime Multifamily Development Opportunity in Nanaimo! Discover the potential of this expansive 16,000+ SF multifamily-zoned property, ideally located in the heart of vibrant Nanaimo. Fully serviced and ready for your vision, this property is perfect for investors and developers seeking a prime site for townhomes, apartments, or a mixed-use project (subject to city approvals). Enjoy the convenience of nearby amenities, schools, and public transit, making this an attractive location for future residents. With zoning in place and a fantastic price point, this is a rare opportunity to secure a development-ready parcel in one of Nanaimo's growing neighborhoods. Don’t miss out—this is your chance to bring a transformative project to life in a city with a strong rental demand and an expanding population. Act fast—contact us today for details! Pictures to follow Also under MLS# 981570
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
16,770 sq. ft.
Kitchens:
0
Taxes:
Ceiling Heights:
Commercial Area:
# 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 To Lot
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
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
Occupancy:
Vacant
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
0
Total Units:
Date Listed:
Dec 02, 2024
Original Price:
895000.0
  • Photo 1: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 2: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 3: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 4: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 5: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 6: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
    Photo 6 of 6
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated December 11, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$599,900
Min list price:
$309,900
Max list price:
$1,499,000
Avg days on market:
63
Min days on market:
1
Max days on market:
235
Avg price per sq.ft.:
$458
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.
Parker McDonald Personal Real Estate Corporation     460 Realty
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.