447,449&455 Nicol St, Nanaimo, BC V9R 4T5
447,449&455 Nicol St, Nanaimo, BC V9R 4T5
447,449&455 Nicol St, Nanaimo, BC V9R 4T5
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Office RE/MAX Generation

Office RE/MAX Generation

+1(250) 294-6683
Listed by Adam Sandhu Sotheby's International Realty Canada (Vic2)
$1,250,000
Est. payment /mo
0.4 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1036107

HOA Y/N No

Annual Tax Amount $5,006

Tax Year 2025

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Unimproved Land

Property Description

For sale: 427, 449 & 455 Nicol Street, Nanaimo, B.C. (the "Subject Site") — a compelling opportunity to acquire a Development Permit-ready multifamily site in one of Nanaimo's most rapidly transforming neighbourhoods.

The Subject Site comprises three contiguous lots totaling 17,692 SF (0.41 acres) with 160+ feet of frontage on Nicol Street. Zoned COR3 Community Corridor, the plans designed by Stantec Architecture for a 4-storey, 35-unit purpose-built rental building. The unit mix comprises 8 micro-studios, 15 one-bedroom units, and 12 two-bedroom units. The Subject Site is a five-minute drive to downtown Nanaimo, Port Place Mall, and the Harbourfront Walkway, and ten minutes to Vancouver Island University and BC Ferries terminals.

Location

Province BC

County Nanaimo, City Of

Community Na South Nanaimo

Area Nanaimo

Interior

Fireplace No

Exterior

View Y/N Yes

View Ocean

Garage No

Others

Ownership Freehold

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