580 Rosehill St

1,100 ft²

3
Beds

1
Baths

Shovel-ready multifamily development opportunity in the heart of Nanaimo. This R8-zoned property allows for medium-density residential use, with potential for over 20 units at its highest and best use. The site currently has an approved Development Permit (#130400) in place for a 13-unit project consisting of twelve two-bedroom suites and one spacious penthouse unit. All supporting documentation—including architectural, civil, structural, mechanical, electrical, and landscaping plans—is fully completed and included in the sale. The seller is open to creative financing options, making this an ideal opportunity for developers. Located in the sought-after Townsite area, the property is within walking distance to the waterfront, Bowen Park, schools, transit routes, and downtown Nanaimo. It’s also just a short drive to Nanaimo Regional General Hospital (3 minutes), Vancouver Island University and BC Ferries (6 minutes), and several major shopping centres. The lot currently features a three-bedroom rental rancher and a detached garage with lane access—sold “as is, where is.” The entire property is fully fenced. All measurements are approximate and should be verified if fundamental to the purchase. (id:45055)

• Property Details

  MLS® Number	1015828
  Property Type	Single Family
  Neigbourhood	Central Nanaimo
  ParkingSpaceTotal	2
  Plan	Vip1505

• Building

  BathroomTotal	1
  BedroomsTotal	3
  CoolingType	None
  HeatingType	Other
  SizeInterior	1,100 Ft2
  TotalFinishedArea	1100 Sqft
  Type	House

  Stall

• Land

  Acreage	No
  SizeIrregular	12000
  SizeTotal	12000 Sqft
  SizeTotalText	12000 Sqft
  ZoningDescription	R8
  ZoningType	Residential

• Rooms

  Level	Type	Length	Width	Dimensions
  Main Level	Bathroom			4-Piece
  Main Level	Bedroom			10'0 x 10'11
  Main Level	Bedroom			10'0 x 10'11
  Main Level	Bedroom			10'0 x 11'4

• Utilities