Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Offered “as-is, where-is,” this property is being sold under a conduct of sale with no representations or warranties. All offers must include Schedule A and are subject to court approval. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. All information and measurements are approximate and must be verified if important. (id:45055)
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Property Details
MLS® Number 1013534 Property Type Multi-family Neigbourhood South Nanaimo Features Acreage, Central Location -
Building
Type Multi-family -
Land
Acreage Yes SizeIrregular 90.48 SizeTotal 90.48 Ac SizeTotalText 90.48 Ac ZoningDescription R10 ZoningType Unknown -
Rooms
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Utilities
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 20 2026 07:23:06
Vancouver Island Real Estate Board
Royal LePage Nanaimo Realty (Nanishwyn)
