both holding income and development upside. This flexibility allows investors to strategically time development while benefiting from cash flow in the interim. Ideally located close to downtown Nanaimo, the waterfront, and the Harbourfront Walkway, the site is surrounded by key amenities including shopping, restaurants, transit, parks, and educational institutions. The area continues to see strong demand driven by urban revitalization and proximity to employment hubs. Nanaimo’s ongoing growth, coupled with long-term expansion tied to the Port of Nanaimo, positions this offering as a compelling opportunity for future appreciation. With increasing demand for purpose-built rental housing and a streamlined approval already in place, this is a rare chance to secure a prime, shovel-ready multi-family site in one of Vancouver Island’s most dynamic markets. A strategic investment combining location, income, approvals, and long-term growth potential. Measurements approx. Buyers agent to verify if fundamental to purchase. (id:62650)