<Victoria Real Estate Market> Land located in Nanaimo: 10834 sf: $429.90k

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Property Details

MLS #:

1033393

Listing Date:

2026-04-22 (Days on Market: 57）

Zoning:

Residential (R5)

Listing Price:

$429.90kPrice Reduced

Frontage x Depth:

Unknown

Lot Size:

10834 ft²

Address:

5384 Colbourne Dr, Nanaimo，Uplands Check Map

Assessment:

$428.00k(2026)

Property Tax:

$2847 (2025)

Remarks:

R5-zoned 10,000+ sq ft lot in North Uplands with clear duplex potential and long-term upside. Elevated site with established rock exposure offers a solid building base and natural separation from the street. Ideal for a side-by-side or up/down duplex design that fits today’s sub-$1M product target, while avoiding the added costs and timelines of multi-unit permitting. Located minutes to North Nanaimo amenities, schools, and transit. Servicing at the lot line (buyer to verify). A practical opportunity for builders focused on efficient construction, controlled costs, and achievable resale in a proven neighbourhood.

Services:

Sewer

Face:

Lot Features:

Mountain View Valley View Corner Family-Oriented Neighbourhood

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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2018 MLS Silver Award Winner in Victoria