UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1021957
HOA Y/N No
Annual Tax Amount $2,459
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Multi Family
Property Description
What a view! This rare semi-waterfront lot in the City of Nanaimo offers exceptional development potential and breathtaking ocean vistas. A building permit is in place for three townhomes, making this a truly turnkey opportunity for builders and investors.
The property features 168 feet of highway frontage and 60 feet of frontage on Haliburton Street, providing convenient dual access from both streets. Enjoy panoramic views of Nanaimo's vibrant waterfront—watch cruise ships, BC ferries, seaplanes, and helicopters pass by from your own property.
The approved townhomes range from 2,100–2,200 sq. ft., each designed with a two-car garage. Upon completion, each unit is projected to sell between $800,000–$850,000 or rent for approximately $3,500–$4,000 per month, offering excellent return potential. A rare opportunity to build, invest, or develop in one of Nanaimo's most desirable waterfront locations.
Location
Province BC
County Nanaimo Regional District
Community Na South Nanaimo
Area Nanaimo
Zoning R-5
Interior
Fireplace No
Exterior
Parking Features On Site
Garage Spaces 10.0
Utilities Available Electricity Available, Natural Gas Available
View Y/N true
View Mountain(s), Ocean
Street Surface Paved
Total Parking Spaces 10
Garage No
Building
Lot Description Central Location, Easy Access, Marina Nearby, Recreation Nearby, Serviced, Shopping Nearby
Sewer Sewer Available, Sewer To Lot
Water Municipal
Others
Restrictions ALR: No
Ownership Freehold
Acceptable Financing Clear Title, Must Be Paid Off
Listing Terms Clear Title, Must Be Paid Off
Nearby School & Business
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