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$1,080,000
British Columbia,Nanaimo
For Sale Active
580 Rosehill St, Nanaimo, British Columbia V9S1E6
  • 3
  • 1
  • 1,100 Sqft
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Basic Details
Description

Shovel-ready multifamily development opportunity in the heart of Nanaimo. This R8-zoned property allows for medium-density residential use, with potential for over 20 units at its highest and best use. The site currently has an approved Development Permit (#130400) in place for a 13-unit project consisting of twelve two-bedroom suites and one spacious penthouse unit. All supporting documentation—including architectural, civil, structural,

mechanical, electrical, and landscaping plans—is fully completed and included in the sale. The seller is open to creative financing options, making this an ideal opportunity for developers. Located in the sought-after Townsite area, the property is within walking distance to the waterfront, Bowen Park, schools, transit routes, and downtown Nanaimo. It’s also just a short drive to Nanaimo Regional General Hospital (3 minutes), Vancouver Island University and BC Ferries (6 minutes), and several major shopping centres. The lot currently features a three-bedroom rental rancher and a detached garage with lane access—sold “as is, where is.” The entire property is fully fenced. All measurements are approximate and should be verified if fundamental to the purchase. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1015828
  • Price: $1,080,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Footage: 1,100 Sqft
  • Status: Active
  • Office Name: Sutton Group-West Coast Realty (Nan)
  • Property Sub Type: Single Family
  • Office Key: 52883
Features & Appliances
Features
  • Heating System: Other
  • Cooling System: None
  • Parking: Stall
Address Map
  • Location: CA, British Columbia, Nanaimo, V9S1E6
  • Street: Rosehill
  • Street Number: 580
  • Street Suffix: Street
  • Longitude: W124° 2' 47.4''
  • Latitude: N49° 10' 34.2''
  • Zoning: Residential
Additional Information
  • Lot Size Dimensions: 12000
Financial
  • Tax Annual Amount: 5002.41
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Listing updated: 2026-03-04 06:14:37
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Listing Information
  • List Agent Key: 2220553
  • List Office Key: 52883
  • Modification Timestamp: 2025-10-06T22:00:39Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2025-10-06T21:53:00Z
Powered by REALTOR.ca
Listing updated: 2026-03-04 06:14:37
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