Discover the potential of this 6900 sq.ft. R5 zoned property! Located in a central area of Nanaimo, this lot offers easy access to transit, parks, bus routes, schools, and shopping. Currently featuring a cute 870 sqft 2 bed 1 bath rancher, this property presents a unique opportunity: renovate the existing home or develop a multi-dwelling property, subject to city approvals. The level lot is easy to build on and connected to city services. Offered as an estate sale, this property is sold "as is." Unlock the possibilities and make this prime location your next project! Probate has been granted.
Data was last updated April 16, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
100
Avg list price:
$514,700
Min list price:
$197,500
Max list price:
$1,195,000
Avg days on market:
48
Min days on market:
2
Max days on market:
282
Avg price per sq.ft.:
$428.14
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.