Property Description
Rare Ocean View Development Opportunity in North Nanaimo! Perched high in the prestigious Ocean View Terrace neighbourhood, this exceptional 13,454 SF lot offers breathtaking panoramic views of the Salish Sea, stretching from Downtown Vancouver & the Coastal Mountains to the Sunshine Coast. Enjoy stunning sunsets over the Winchelsea Islands and ever-changing ocean scenery from your future dream home. This expansive property also presents excellent subdivision potential, with the possibility to create two or more building lots (buyer to verify with the City of Nanaimo), making it an attractive opportunity for builders, developers, or investors. Located in one of North Nanaimo’s most desirable neighbourhoods, just minutes to top-rated schools, shopping, restaurants, beaches, parks, and recreation. A rare chance to secure a premium ocean-view property with development potential in a highly sought-after location. Price plus GST. All measurements are approximate, be verified if important.
Property Details
MLS #:
1049004
ID #:
32122267
Type:
Residential
Sub-Type:
Land
Area:
Nanaimo
Sub-Area:
Na North Nanaimo
Status:
Active
Lot Size:
0.31 acres
Property Tax:
$6,053 (2025)
Listing provided by REMAX Professionals (NA)
Canadian Mortgage Calculator
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After 5 Year Term:
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
Annual Payment Breakdown
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