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This 0 bedroom, 0 bathroom land is listed for sale at $2,580,000 in Nanaimo, British Columbia. Lot size: 83,635 sq ft (1.92 acres).MLS® #1022765.
92-acre Oceanview development property in Brechin Hill boasts scenic views of Departure Bay, Newcastle Channel, and Nanaimo Harbour. The City of Nanaimo is open to various rezoning and development options, including a proposed 47-unit development with 15 townhouses and 32-unit apartment building or a previous plan for 24 luxury townhomes with/without suites. Alternatively, subdivide into 10-12 Oceanview lots for single-family homes, duplexes, or multiplexes, subject to city approval.
And the Citywide Parking Review has lowered parking ratio requirements. Flexible development options allow phased construction of townhouses/ residential lots based on market conditions or financing or leverage attractive CMHC rates for rental apartment construction. Architectural, geotechnical, environmental, and other reports are available to serious buyers.
The Buyer must independently verify all property details and development potential through the City of Nanaimo or qualified professionals.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Nanaimo area.
Property Type
Land
Lot Size
83,635 sq ft(1.92 acres)
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
Brechin Hill
Listed
Jan 8, 2026
MLS® Number
#1022765
View comprehensive market analysis for Brechin Rd 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 Brechin Rd Market Report92-acre Oceanview development property in Brechin Hill boasts scenic views of Departure Bay, Newcastle Channel, and Nanaimo Harbour. The City of Nanaimo is open to various rezoning and development options, including a proposed 47-unit development with 15 townhouses and 32-unit apartment building or a previous plan for 24 luxury townhomes with/without suites. Alternatively, subdivide into 10-12 Oceanview lots for single-family homes, duplexes, or multiplexes, subject to city approval.
And the Citywide Parking Review has lowered parking ratio requirements. Flexible development options allow phased construction of townhouses/ residential lots based on market conditions or financing or leverage attractive CMHC rates for rental apartment construction. Architectural, geotechnical, environmental, and other reports are available to serious buyers.
The Buyer must independently verify all property details and development potential through the City of Nanaimo or qualified professionals.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$14,400
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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