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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Jason Anson

Jason Anson

+1(250) 252-7653
Listing by Mike Phillips Sutton Group-West Coast Realty (Nan)
$2,380,000
Est. payment /mo
4.74 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1037842

HOA Y/N No

Annual Tax Amount $11,186

Tax Year 2025

Lot Size 4.740 Acres

Acres 4.74

Property Sub-Type Land

Property Description

DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density upside backed by substantial due diligence. A 2024 topographic survey and slope analysis by Turner & Associates identifies approximately 1.463 ha of developable land, supporting an estimated 23 units under current R10 zoning. The Suburban Neighbourhood OCP designation supports density up to 25 units/ha, creating potential for higher yield through site-specific density, subject to City approval. Newcastle Engineering has completed terrain modelling, slope analysis and concept planning, with preliminary layouts indicating potential for approximately 36 townhouse units while addressing access, grading, building placement and site constraints. Due-diligence materials include surveys, slope mapping, Geotech information and concept plans. Minutes to VIU + transit, schools, shopping and key routes. An advanced starting point for developers seeking townhouse development potential in Nanaimo.

Location

Province BC

County Nanaimo, City Of

Community Na South Nanaimo

Area Nanaimo

Zoning R10

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

View Y/N true

View City, Mountain(s)

Street Surface Paved

Garage No

Building

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

Sewer Sewer Available

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Virtual Tour https://youtu.be/Vo-bE6tczgo

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”
Jason Anson
Jason Anson

Agent License ID: 188385

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

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1015 Park Ave

This page highlights a For Sale Listing, giving you a closer look at property details while also connecting you to the broader real estate market on Vancouver Island. Every listing is part of a larger story shaped by neighbourhood activity and regional demand. I have lived on Vancouver Island for more than 30 years and know how communities change over time. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers see where a property fits in today’s market. Use these guides to explore regional areas and compare this listing with the wider housing story of the island at Living on Vancouver Island.