Contact
1-877-888-3131
Sign-in/up
Search for Sale
Buyer Cashback
Back to Map
Share
$2,380,000
British Columbia,Nanaimo
For Sale Active
1015 Park Ave, Nanaimo, British Columbia V9R4J5
Contact Seller
Basic Details
Description

Prime 4.74-acre multi-family development opportunity in South Nanaimo, ideally situated within a rapidly growing neighbourhood characterized by newer, high-quality residential construction. Zoned R10 and designated Suburban Neighbourhood in the Official Community Plan, the property offers attractive territorial views and strong potential for a range of ground-oriented residential development concepts. City staff have confirmed a maximum permitted density of up to

23 dwelling units under the existing R10 zoning, based on the surveyed developable area. The OCP supports a variety of low-rise residential forms, including single-unit dwellings, duplexes, tri-plexes, four-plexes, and townhomes, with densities up to 25 units per hectare and building heights up to three storeys, subject to City approvals. A previously approved 14-unit development permit (now expired) demonstrates established development viability, while updated topographical information indicates a larger developable area than previously identified, potentially supporting expanded design possibilities. Technical materials, including topographical surveys, environmental mapping, and related reports, are available to qualified buyers to assist with concept planning and due diligence. Buyers are encouraged to independently verify development potential, servicing requirements, and all necessary approvals with the City of Nanaimo and qualified professionals. (id:62650)

Read More
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1037845
  • Price: $2,380,000
  • View: City view, Mountain view
  • Status: Active
  • 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' 19.3''
  • Latitude: N49° 8' 17.9''
  • Zoning: Unknown
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 4.74
Financial
  • Tax Annual Amount: 11186
Powered by REALTOR.ca
Listing updated: 2026-06-16 17:53:12
Schedule a Tour
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Similar Properties
Listing Information
  • List Agent Key: 1891227
  • List Office Key: 52883
  • Modification Timestamp: 2026-05-22T19:30:32Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2026-05-22T19:22:31Z
Powered by REALTOR.ca
Listing updated: 2026-06-16 17:53:12
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non‐commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

By continuing to use this website and its services, you agree to these

Terms of Use

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as part of their Mere Posting ComFree Listing Contract and in partnership with Imperium LLP – Rocky Kim.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!

Learn More