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
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.