
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1024882
HOA Y/N No
Annual Tax Amount $12,616
Tax Year 2025
Lot Size 1.610 Acres
Acres 1.61
Property Sub-Type Unimproved Land
Property Description
the Nanaimo Parkway and Island Highway, and proximity to major commercial and retail hubs. With Residential Corridor
One (COR1) zoning in place, the Property has conceptual plans for a six-storey, 118-unit multifamily development with
underground parking, offering developers immediate scale and entitlement certainty.
Nanaimo continues to experience robust population and employment growth, with demand for purpose-built rental
housing significantly outpacing supply. This opportunity aligns with the City of Nanaimo's long-term planning objectives,
encouraging higher-density housing along transit-supported corridors.
Location
Province BC
County Nanaimo, City Of
Community Na Pleasant Valley
Area Nanaimo
Zoning COR1
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Street Surface Paved
Garage No
Others
Ownership Freehold
Nearby School & Business

As markets shift, you need an agent with the right connections, technology and strategies to achieve your home buying or selling vision.
Whether you’re feeling overwhelmed and want someone to take the wheel, or you just need a second opinion and you have it covered, you can be rest assured a RE/MAX agent is the right agent for any level of service, in any market condition.
Get More Information
- Victoria, BC Homes for Sale
- Core Victoria, BC Homes for Sale
- Langford, BC Homes for Sale
- West Shore, BC Homes for Sale
- Peninsula, BC Homes for Sale
- Saanich East, BC Homes for Sale
- Saanich West, BC Homes for Sale
- Saanich, BC Homes for Sale
- North Saanich, BC Homes for Sale
- Central Saanich, BC Homes for Sale
- Sidney, BC Homes for Sale
- Victoria West, BC Homes for Sale
- Esquimalt, BC Homes for Sale
- Highlands, BC Homes for Sale
- View Royal, BC Homes for Sale
- Oak Bay, BC Homes For Sale
- Colwood, BC Homes for Sale
- Metchosin, BC Homes for Sale
- Sooke, BC Homes for Sale
- Malahat Area, BC Homes for sale
- All Homes Under $100,000
- All Homes $100,000-$200,000
- All Homes $200,000-$300,000
- All Homes $300,000-$400,000
- All Homes $400,000-$500,000
- All Homes $500,000-$600,000
- All Homes $600,000-$700,000
- All Homes $700,000-$800,000
- All Homes $800,000-$900,000
- All Homes $900,000-$1,000,000
- All Homes $1M-$2M
- All Homes $2M-$3M
- All Homes $3M+




