Developer Alert! Opportunity knocks in Old City. The door is whatever you build beyond it! Don’t miss this RARE legal double lot property located in the heart of beautiful and historical Old City Quarters in Nanaimo, BC. The single-family home is situated on the larger lot and does not straddle both properties. This enables you to start building (without the removal of the home) immediately with approvals from the city. Currently zoned R13 Duplex/multi-family, it allows for many options! The city is currently encouraging higher density in the Official Community Plan (OCP), and therefore, a higher density rezone or a property line variance should be encouraged. Contact us for a full information package! Don’t miss out on this rare property waiting for your future development. All measurements are approximate.
Data was last updated September 28, 2023 at 04:05 PM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$1,250,000
Min list price:
$72,000
Max list price:
$7,900,000
Avg days on market:
94
Min days on market:
2
Max days on market:
533
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.