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$439,900
1047915 MLS
Prime South Nanaimo development opportunity! This vacant 7,638 sq ft lot offers an exciting chance to build in a growing and well-connected area of the city. With a generous lot size and established residential surroundings, the property presents excellent potential for builders, developers, or investors looking to bring their vision to life. Conveniently located close to schools, parks, shopping, transit, and everyday amenities, with easy access to downtown Nanaimo and major routes. Whether you're looking to build a new home or explore the property's development potential, 392 Urbains Place is a rare opportunity to secure a sizeable piece of land in an evolving South Nanaimo neighbourhood. Buyers to verify all development possibilities, zoning, services, and permitted uses with the City of Nanaimo.

392 Urbains Pl, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$395,900
1044493 MLS
Builders & Investors Alert! Flat 50' x 120' lot with laneway access in South Nanaimo, fully serviced to the lot line and zoned R5, offering exciting development potential under current BC housing legislation. Potential for up to four residential units, including two homes with suites or a coach/carriage home, subject to municipal approvals. Excellent sun exposure, partial fencing, and convenient access from both Victoria Road and the rear lane. Located minutes from schools, parks, shopping, restaurants, downtown Nanaimo, BC Ferries, Hullo, seaplanes, and Nanaimo Airport. A highly attractive opportunity for builders, investors, or those looking to build a custom home with future income potential. No GST when building your principal residence. Contact Sean McLintock at 250-729-1766, sean@seanmclintock.com, or visit macrealtygroup.ca for the complete information package and property video. Buyer to verify all information if important.

840 Victoria Rd, Nanaimo

Courtesy of REMAX Professionals (NA)

$988,000
1043993 MLS
RARE 57-ACRE LAKESIDE ESTATE – INCREDIBLE VALUE! A unique opportunity to own 57 acres in South Nanaimo, just 7 minutes from Departure Bay Ferry Terminal. Featuring approximately 15 cleared non-ALR acres and 42 forested ALR acres with horse trails, abundant wildlife and private trout lake frontage. Ready for your vision with electricity at the property line, a completed septic study, and building sites for two homes. Farm buildings, workshops and storage structures provide additional flexibility for a wide range of uses. Property offers exceptional privacy while remaining just minutes from Nanaimo's urban amenities. Subdivision process has already been initiated, creating future potential. Seller has obtained a recent appraisal well above the asking price and is motivated as they are leaving the country. Bring your offers on this exceptional Vancouver Island acreage!

00 Thompson Ave, Nanaimo

Courtesy of RE/MAX Generation

$2,380,000
1037842 MLS
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.

1015 Park Ave, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$375,000
1023350 MLS
223 Victoria Road presents a rare and highly strategic multi-family development opportunity in Nanaimo. Unlike the large-scale multi-family projects that dominate the market and require substantial working capital, this approved four-unit townhouse-style complex offers a more accessible entry point for builders while maintaining strong investment potential. The property is ideally situated within walking distance of downtown and central shopping, ensuring long-term desirability.This project features a unique mix of residential and live-work spaces. The standout unit is a rare live-work design with a 521 sq. ft. ground-floor office space that connects via an internal staircase to a two-bedroom, 774 sq. ft. residential unit above.The second level also has a separate exterior entrance, maximizing functionality and rental appeal.The remaining three units are well-designed two-bedroom residences of approximately 820 sq/ft.,each with a private outdoor deck and townhouse-style exterior access

223 Victoria Rd, Nanaimo

Courtesy of Real Broker

$399,000
996515 MLS
Approved Development Opportunity10 residential+2 Commercial Units. Located in vibrant South Nanaimo,450 & 460 Irwin Street offer a rare and ready-to-go development opportunity.Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future.The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the floor plans are up to 1000 sq/ft.The innovative design ensures appropriate parking for residents and supports much-needed "missing middle" housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes.This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing.Measurements approximate to be verified

450B Irwin St, Nanaimo

Courtesy of Real Broker

$399,000
996508 MLS
Approved Development Opportunity10 residential+2 Commercial Units. Located in vibrant South Nanaimo,450 & 460 Irwin Street offer a rare and ready-to-go development opportunity.Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future.The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the floor plans are up to 1000 sq/ft.The innovative design ensures appropriate parking for residents and supports much-needed "missing middle" housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes.This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing.Measurements approximate to be verified

460 Irwin St, Nanaimo

Courtesy of Real Broker

$1,867,000
987810 MLS
This property offers an exceptional opportunity for developers seeking to capitalize on its prime location and flexible zoning regulations. The potential for constructing up to four residential units opens avenues for either a multi-family dwelling or luxurious individual homes. The breathtaking views provide a stunning backdrop, making it a desirable living space for future residents. Imagine waking up to a panoramic cityscape that seamlessly transitions into the serene expanse of the ocean, offering a daily visual treat that few properties can match. Adding to its appeal, the area boasts a blend of urban convenience and natural beauty, making it a perfect setting for a modern residential development. With the right vision, 454 Ninth Street can be transformed into a highly sought-after address, blending elegance and functionality in one of the most picturesque parts of the city.

454 Ninth St, Nanaimo

Courtesy of eXp Realty (NA)

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