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$1,999,000
British Columbia,Nanaimo
For Sale Active
1015 Park Ave, Nanaimo, British Columbia V9R4J5
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Basic Details
Description

DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density potential of up to 36 townhouse units. The Suburban Neighbourhood OCP designation supports up to 25 units/ha. With site-specific rezoning approval, preliminary concepts indicate the property could potentially accommodate up to 36 townhomes. A 2024 topographic survey and slope analysis identify approximately 1.463 ha of developable area.

Concept layouts explore building placement, access and grading in response to site constraints, giving developers a solid starting point to assess feasibility and design. Due-diligence materials include survey, slope and geotechnical information, terrain modelling and concept plans. Minutes from VIU, transit, schools, shopping and major routes, this is an opportunity to pursue a higher-density townhouse project in Nanaimo. Concepts and unit counts are preliminary; all development is subject to purchaser due diligence and required municipal approvals. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1050851
  • Price: $1,999,000
  • View: City view, Mountain view
  • Status: Active
  • Office Name: Sutton Group-West Coast Realty (Nan)
  • Property Sub Type: Vacant Land
  • Office Key: 52883
Address Map
  • Location: CA, British Columbia, Nanaimo, V9R4J5
  • Street: Park
  • Street Number: 1015
  • Street Suffix: Avenue
  • Longitude: W124° 3' 19.4''
  • Latitude: N49° 8' 18''
  • Zoning: Multi-Family
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 4.74
Financial
  • Tax Annual Amount: 11838
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Listing updated: 2026-10-03 02:24:31
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Listing Information
  • List Agent Key: 1891227
  • List Office Key: 52883
  • Modification Timestamp: 2026-09-25T18:30:05Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2026-09-25T18:22:57Z
Powered by REALTOR.ca
Listing updated: 2026-10-03 02:24:31
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