<Victoria Real Estate Market> Land located in Nanaimo: 206474 sf: $1,999.00k

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Property Details

MLS #:

1050851

Listing Date:

2026-09-25 (Days on Market: 40）

Zoning:

Multi-Family (R10)

Listing Price:

$1,999.00k

Frontage x Depth:

Unknown

Lot Size:

206474 ft²

Address:

1015 Park Ave, Nanaimo，South Nanaimo Check Map

Assessment:

$1,619.00k(2026)

Property Tax:

$11838 (2026)

Remarks:

DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density potential of up to 36 townhouse units. The Suburban Neighbourhood OCP designation supports up to 25 units/ha. With site-specific rezoning approval, preliminary concepts indicate the property could potentially accommodate up to 36 townhomes. A 2024 topographic survey and slope analysis identify approximately 1.463 ha of developable area. Concept layouts explore building placement, access and grading in response to site constraints, giving developers a solid starting point to assess feasibility and design. Due-diligence materials include survey, slope and geotechnical information, terrain modelling and concept plans. Minutes from VIU, transit, schools, shopping and major routes, this is an opportunity to pursue a higher-density townhouse project in Nanaimo. Concepts and unit counts are preliminary; all development is subject to purchaser due diligence and required municipal approvals.

Services:

Sewer

Lot Features:

City View Mountain View Corner Treed Acreage Central Location Family-Oriented Neighbourhood Park Setting Quiet Area Shopping Nearby Southern Exposure

Listing Courtesy of Sutton Group-West Coast Realty (Nan)

Need more info? Such as its detailed floor plans, title, disclosure statement, zoing restrictions, survey, etc.Please contact Bill Liu directly and he will send you all available info.

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