- ©MLS 1003429
- Parkings 4
Description
Attention Builders & Investors – Profitable Development Opportunity! Here’s your chance to secure an affordable, flat, and sun-drenched 50' x 120' vacant lot just 5 minutes from all the key amenities in South Nanaimo and Chase River. With full services to the lot line and dual access via Victoria Rd and a rear laneway, this property offers incredible versatility for your next project. Zoned R5, this lot is eligible under new BC legislation to accommodate up to 4 units—ideal for two full homes with secondary suites or a main residence plus a carriage home. Whether you're a developer or a savvy investor looking to build equity and generate rental income, this is a golden opportunity to build in a rapidly growing area. Enjoy the convenience of nearby schools, shopping, and transit in a location that balances urban access with a neighborhood feel. Measurements and data are approximate; buyers to verify if important. Don't miss out—your next income-generating project starts here! (id:48970) Show More
Details
- Property Type: Vacant Land
- Neighbourhood: South Nanaimo
Features
- Central location
- Level lot
- Southern exposure
- Partially cleared
- Marine Oriented
- City view
- Mountain view
Location
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Data provided by: Vancouver Island Real Estate Board


