Property Description
Rare opportunity to acquire one or both of these prime building lots, ideally located just a short walk from Nanaimo Regional General Hospital. Situated on a quiet no-through road with peaceful rear-lane access, the properties offer privacy, convenience, and excellent development potential.
Zoned R5, the lots provide a range of residential development possibilities for builders, investors, or those looking to create a custom home. The existing residence currently straddles both properties; it has been professionally remediated and will be removed by the seller, leaving an excellent building site ready for your vision. LOT 1 - Corner of Oakley & Waddington.
Purchase one lot or secure both for even greater potential. Opportunities like this are rarely available in such a desirable and convenient location. Buyers should verify all development possibilities and requirements with the City of Nanaimo.
Property Details
MLS #:
1044575
ID #:
31867262
Type:
Residential
Sub-Type:
Land
Area:
Nanaimo
Sub-Area:
Na Central Nanaimo
Status:
Active
Lot Size:
0.09 acres
Property Tax:
$4,117 (2026)
Days on Market:
31 days
Listing provided by Royal LePage Nanaimo Realty (NanIsHwyN)
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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