3801 Shenton Rd, Nanaimo BC V9T 2H1
$1,400,000
00
3801 Shenton Rd, Nanaimo BC V9T 2H1 - Unimproved Land for Sale in Nanaimo, BC
This 0 bedroom, 0 bathroom unimproved land is listed for sale at $1,400,000 in Nanaimo, British Columbia. Lot size: 32,670 sq ft (0.75 acres).MLS® #1024041.
A well-positioned lakefront residential development investment opportunity is available for builders and developers seeking a manageable-scale project. This approximately 3/4-acre property fronts Diver Lake, featuring flexible COR2 zoning, which supports street-oriented, medium-density residential and mixed-use development along major corridors.
The site previously held a Development Permit for approximately 16–20 residential units in a multi-storey building with underground parking. While a new Development Permit will be required, the prior approval demonstrates the site’s suitability for a purpose-built rental apartment or boutique condominium project at a manageable scale.
With strong southern exposure, direct lake frontage, and proximity to schools, transit, and amenities, this property offers a compelling infill development opportunity within Nanaimo’s growing urban corridor—well suited to developers seeking an efficient project with long-term rental or sell-out potential.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Nanaimo area.
$1,400,000
For Sale
1 / 5
3801 Shenton Rd, Nanaimo BC V9T 2H1
Nanaimo, BC V9T 2H1
MLS® #1024041
RE/MAX Camosun
0beds
0baths
Property Details
Property Type
Unimproved Land
Lot Size
32,670 sq ft(0.75 acres)
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
Diver Lake
MLS® Number
#1024041
Shenton Rd Market Report
View comprehensive market analysis for Shenton 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 Shenton Rd Market ReportDescription
A well-positioned lakefront residential development investment opportunity is available for builders and developers seeking a manageable-scale project. This approximately 3/4-acre property fronts Diver Lake, featuring flexible COR2 zoning, which supports street-oriented, medium-density residential and mixed-use development along major corridors.
The site previously held a Development Permit for approximately 16–20 residential units in a multi-storey building with underground parking. While a new Development Permit will be required, the prior approval demonstrates the site’s suitability for a purpose-built rental apartment or boutique condominium project at a manageable scale.
With strong southern exposure, direct lake frontage, and proximity to schools, transit, and amenities, this property offers a compelling infill development opportunity within Nanaimo’s growing urban corridor—well suited to developers seeking an efficient project with long-term rental or sell-out potential.
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Request Information
Location & Community
Explore Diver LakeView All Nanaimo Listings
Discover more properties and explore the Nanaimo community, including the Diver Lake neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$8,500
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
Learn about the Prepared Buyer Program →Explore Other Neighborhoods Near Diver Lake
Discover other great communities in the area
Property Location
Explore the property location and surrounding area
More Homes in Nanaimo
$2,288,000
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$959,000
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$924,900
For Sale
909 Harbour View St, Nanaimo BC V9R 4V4
Nanaimo, BC
5 bed · 5.0 bath · 2,714 sf · 76 days
Single Family
MLS® Reciprocity listing
MLS® Reciprocity
$1,598,000
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$729,900
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$339,000
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$800,000
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$619,900
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$1,199,800
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$1,099,900
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$919,900
For Sale
MLS® Reciprocity listing
MLS® Reciprocity
$1,119,000
For Sale
MLS® Reciprocity listing
MLS® ReciprocityFeatured Listings
For Sale
$1,215,000
2619 Crystalview Dr, Langford BC V9B 5W5
Langford, BC
4 bed · 4.0 bath · 3,087 sf
Single Family Residence
Courtesy of Team 3000 Realty Ltd
MLS® Reciprocity
For Sale
$2,395,000
614 Monterey Ave, Oak Bay BC V8S 4T9
Oak Bay, BC
3 bed · 3.0 bath · 2,704 sf
Single Family Residence
Courtesy of Coldwell Banker Oceanside Real Estate
MLS® Reciprocity
For Sale
$1,075,000
1244 Muirfield Pl # 104, Langford BC V9B 6T3
Langford, BC
3 bed · 3.0 bath · 2,486 sf
Townhouse
Courtesy of RE/MAX Camosun
MLS® Reciprocity
For Sale
$1,149,900
146 Medana St, Victoria BC V8V 2H5
Victoria, BC
2 bed · 1.0 bath · 756 sf
Single Family Residence
Courtesy of eXp Realty
MLS® Reciprocity
For Sale
$350,000
Lot 10 Ingersoll, Quatsino BC V0N 2V0
Quatsino, BC
3 bed · 840 sf
Single Family Residence
Courtesy of Royal LePage Advance Realty (PH)
MLS® Reciprocity
For Sale
$1,349,900
3365 Sandpiper St, Colwood BC V9C 0R5
Colwood, BC
4 bed · 4.0 bath · 3,168 sf
Single Family Residence
Courtesy of RE/MAX Camosun
MLS® Reciprocity