1015 Park Ave, Nanaimo BC V9R 4J5
$2,380,000
00
1015 Park Ave, Nanaimo BC V9R 4J5 - Unimproved Land for Sale in Nanaimo, BC
This 0 bedroom, 0 bathroom unimproved land is listed for sale at $2,380,000 in Nanaimo, British Columbia. Lot size: 206,474 sq ft (4.74 acres).MLS® #1022549.
Prime 4.74-acre multi-family development opportunity in South Nanaimo, located within a rapidly growing neighbourhood surrounded by newer residential construction. Zoned R10 with a Suburban Neighbourhood OCP designation, the property offers attractive territorial views and strong potential for a variety of ground-oriented residential development concepts. City staff have confirmed a maximum permitted density of up to 23 dwelling units under the existing zoning, based on the surveyed developable area.
The OCP supports low-rise residential forms including single-family homes, duplexes, tri-plexes, four-plexes, and townhomes, subject to City approvals. A previously approved 14-unit development permit demonstrates established development viability, while updated topographical information indicates a larger developable area than previously identified. Technical reports and supporting materials are available to qualified buyers.
Buyers should verify servicing and development possibilities.
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$2,380,000
For Sale
1 / 14
1015 Park Ave, Nanaimo BC V9R 4J5
Nanaimo, BC V9R 4J5
MLS® #1022549
Sutton Group-West Coast Realty (Nan)
0beds
0baths
Property Details
Property Type
Unimproved Land
Lot Size
206,474 sq ft(4.74 acres)
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
South Nanaimo
Listed
Jan 6, 2026
MLS® Number
#1022549
Park Ave Market Report
View comprehensive market analysis for Park Ave including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Park Ave Market ReportDescription
Prime 4.74-acre multi-family development opportunity in South Nanaimo, located within a rapidly growing neighbourhood surrounded by newer residential construction. Zoned R10 with a Suburban Neighbourhood OCP designation, the property offers attractive territorial views and strong potential for a variety of ground-oriented residential development concepts. City staff have confirmed a maximum permitted density of up to 23 dwelling units under the existing zoning, based on the surveyed developable area.
The OCP supports low-rise residential forms including single-family homes, duplexes, tri-plexes, four-plexes, and townhomes, subject to City approvals. A previously approved 14-unit development permit demonstrates established development viability, while updated topographical information indicates a larger developable area than previously identified. Technical reports and supporting materials are available to qualified buyers.
Buyers should verify servicing and development possibilities.
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Listing History
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RE/MAX Generation
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$13,400
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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Property Location
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