Prime Development Opportunity in South Nanaimo Located within walking distance from downtown Nanaimo, this exceptional property presents a unique investment opportunity. Currently, the property includes a commercial space on the main floor and a 2-bedroom rental suite above, providing immediate rental income. What truly sets this property apart is the approved development permit for a Craftsman-inspired, 2.5-story "missing middle" housing project. Plans include four 1-bedroom and four 2-bedroom units, many featuring rooftop balcony access. This provides a fantastic opportunity for a developer to create a modern, high-demand multifamily property in a prime location. Don't miss this chance to invest in a property that offers both immediate returns and future development potential. All Measurements Approx. Verify if Important.More details
This downtown Nanaimo property offers a rare opportunity for small to mid-scale developers entering the multi-family market. While currently generating rental income as a single-family home, its true value lies in the approved development permit for a fourplex with four three-bedroom units. Each unit features a family-friendly layout, private exterior balcony, and townhouse-style entry. Two units will enjoy limited ocean views. This design balances privacy and community—features today’s buyers value. New three-bedroom builds are scarce in Nanaimo, making this project especially appealing. It meets all required parking and exemplifies “missing middle” housing by delivering practical density without sacrificing livability. With approvals in place and attractive floorplans, this is an excellent build-to-sell or build-to-hold opportunity in a market with high demand and low supply. Measurements Approx. Verify if important.More details
Approved Development Opportunity10 residential+2 Commercial Units. Located in vibrant South Nanaimo,450 & 460 Irwin Street offer a rare and ready-to-go development opportunity.Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future.The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the floor plans are up to 1000 sq/ft.The innovative design ensures appropriate parking for residents and supports much-needed "missing middle" housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes.This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing.Measurements approximate to be verifiedMore details
Approved Development Opportunity10 residential+2 Commercial Units. Located in vibrant South Nanaimo,450 & 460 Irwin Street offer a rare and ready-to-go development opportunity.Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future.The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the floor plans are up to 1000 sq/ft.The innovative design ensures appropriate parking for residents and supports much-needed "missing middle" housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes.This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing.Measurements approximate to be verifiedMore details
Beautiful partially cleared lot on Protection Island just a few minutes stroll from a beach access! This woodland slopes gently down to one of the quietest roads on the island. Come build your getaway home or full time residence and enjoy all that this remarkable island offers; a myriad of forested trails & parks, beautiful beach accesses, community dock for your commuter boat, kayak or rowboat. The island has its own community hall, a volunteer run library & museum; government dock for barge access; community garden; craft groups; a wealth of musicians, artists & writers -not to mention a firehall with fully trained emergency first responders. Set amidst a natural backdrop of forest and ocean, you are just 10 minutes ferry/boat ride to downtown Nanaimo where you can enjoy theatre, the arts district, unique stores & businesses, & easy connections to Vancouver & beyond Heli jet, seaplane, Hullo foot ferry, BC Ferries.More details
Welcome to this 8,470 sqft lot on Protection Island, a lovely island community a short ferry ride away from the heart of downtown Nanaimo. Perfect for your dream home or vacation getaway, this vacant lot is located a short walk away from the Nanaimo ferry service, Dinghy Dock Pub, and several treed parks. Island amenities include a community hall, library, museum, community garden, fire station, and public boat ramp. Protection Island is part of the City of Nanaimo and is serviced by municipal water and services. Seaplanes from Nanaimo Harbour allow for easy access from Vancouver and Victoria. All data and measurements are approximate and must be verified if fundamental.More details
x2 Homes on x2 lots with lane access. A perfect investment Land Assembly: This great development opportunity right next to the fast growing ever expanding Vancouver Island University. The offering is for two parcels 474 Wakesiah Avenue and 486 Wakesiah Avenue. They both have rentable dwellings with one that is vacant and the other is currently rented out mo/mo. Tenancy information is available on request. Build up for condos, or carriage homes for more rent. Plenty of opportunities here bring your ideas. Measurements and property dimensions taken from the City of Nanaimo map and reflect 13,800 Sqft of land. Information in listing is for 474 and 486 (other)! Please inquire within for details and your private viewing. We require to give the tenant plenty of notice. All data including measurements are from sources which we believe to be reliable but should be verified if deemed to be important.More details
Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 585 Hillcrest St. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 4550 sq. ft parcel of vacant land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there’s more—there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Presenting the rare opportunity to create a 3 lot, 12-unit Project. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! All measurements are approximateMore details
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximateMore details
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximateMore details
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximateMore details