Property Description
This exceptional 1.6-acre (6,475 m² / 69,696 sq ft) development opportunity is located on a quiet road in Nanaimo’s desirable Uplands neighbourhood, a community known for its natural beauty & predominantly single-family homes. Zoned R1 (Single Dwelling Residential), the property supports low-density residential development with minimum lot sizes of 500 m² (5,382 sq ft) for standard single-family lots or 450 m² (4,844 sq ft) for lane-access parcels. Under the OCP, the property is designated “Suburban Neighbourhood” an area oriented toward low-rise residential development with a target density of 25 units per hectare. Typical supported building forms include single-family homes, duplexes, triplexes, fourplexes & townhomes. The property offers approx. 37 m (121 ft) of frontage and an average depth of 135 m (444 ft), providing excellent flexibility for subdivision or multi-unit planning. Existing on the property is a 3-bedroom, 1-bath home. Land Assembly totaling 4.9 acres available.
Property Details
MLS #:
1021663
ID #:
30316810
Type:
Commercial Sale
Sub-Type:
Multi Family
Area:
Nanaimo
Sub-Area:
Na Uplands
Status:
Active
Lot Size:
1.60 acres
Property Tax:
$6,094 (2025)
Days on Market:
42 days
Listing provided by REMAX Professionals (NA)
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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