1015 Park Ave, Nanaimo, BC V9R 4J5
1015 Park Ave, Nanaimo, BC V9R 4J5
1015 Park Ave, Nanaimo, BC V9R 4J5
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Listing by Mike Phillips Sutton Group-West Coast Realty (Nan)
$2,380,000
Est. payment /mo
4.74 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1022549

HOA Y/N No

Annual Tax Amount $11,186

Tax Year 2025

Lot Size 4.740 Acres

Acres 4.74

Property Sub-Type Unimproved Land

Property Description

Prime 4.74-acre multi-family development opportunity in South Nanaimo, located within a rapidly growing neighbourhood surrounded by newer residential construction. Zoned R10 with a Suburban Neighbourhood OCP designation, the property offers attractive territorial views and strong potential for a variety of ground-oriented residential development concepts. City staff have confirmed a maximum permitted density of up to 23 dwelling units under the existing zoning, based on the surveyed developable area. The OCP supports low-rise residential forms including single-family homes, duplexes, tri-plexes, four-plexes, and townhomes, subject to City approvals. A previously approved 14-unit development permit demonstrates established development viability, while updated topographical information indicates a larger developable area than previously identified. Technical reports and supporting materials are available to qualified buyers. Buyers should verify servicing and development possibilities.

Location

Province BC

County Nanaimo, City Of

Community Na South Nanaimo

Area Nanaimo

Zoning R10

Interior

Fireplace No

Exterior

View Y/N true

View City, Mountain(s)

Garage No

Building

Lot Description Acreage, Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Park Setting, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure, Wooded, See Remarks

Water Municipal

Others

Ownership Freehold

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Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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1015 Park Ave

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