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DIVERS LAKE

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2379 Browns Lane
Na Diver Lake Nanaimo V9T 3L5

$1,775,000
Residential beds: 0 baths: 1.0 572 sq. ft. built: 1968

Main Photo: 2379 Browns Lane in Nanaimo: Na Diver Lake Single Family Residence for sale : MLS®# 1025313
Status:
Active
Prop. Type:
Residential
MLS® Num:
1025313
Bathrooms:
1
Year Built:
1968
2379 Brown’s Lane presents a rare multi-family development opportunity in a central Nanaimo location, with a Development Permit already approved for 21 family-oriented townhomes. The entitlement work is complete, offering a meaningful jump-start and significantly reduced development risk. The site is well positioned near schools, shopping, transit routes, employment centres, and healthcare services—key drivers of long-term end-user demand. The approved density and layout align with proven absorption trends for townhome product in the area. Construction timing allows a developer to build through the current market cycle with anticipated completion aligning with improved market conditions. An excellent opportunity for builders or investors seeking clarity, certainty, and a strategic path forward in a well-established neighbourhood.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1968 (Age: 58)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
572 sq. ft.
Listing General Location:
Na Diver Lake, Nanaimo
Bedrooms:
0
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
0.976 acre(s)
Kitchens:
0
Taxes:
Construction:
Frame Wood
Basement:
Crawl Space, None
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Ceiling Heights:
Total Building Area:
572 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
572 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Septic System
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Ground Level
0
Yes
No
Unrestricted
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
COR 1
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Land Value Only
Exposure / Faces:
North
Layout:
Rancher
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Open
Total Parking Spaces:
4
Total Units:
Date Listed:
Feb 05, 2026
Original Price:
1775000.0
  • Photo 1: 2379 Browns Lane in Nanaimo: Na Diver Lake Single Family Residence for sale : MLS®# 1025313
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated March 12, 2026 at 07:30 AM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$725,000
Min list price:
$389,900
Max list price:
$1,775,000
Avg days on market:
114
Min days on market:
7
Max days on market:
507
Avg price per sq.ft.:
$410.27
These statistics are generated based on the current listing's property type and located in Na Diver Lake. Average values are derived using median calculations. This data is not produced by the MLS® system.
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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.
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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.