2379 Browns Lane, Nanaimo BC V9T 3L5
$1,775,000
01 ba572 sq ft
2379 Browns Lane, Nanaimo BC V9T 3L5 - Single Family for Sale in Nanaimo, BC
This 0 bedroom, 1 bathroom single family is listed for sale at $1,775,000 in Nanaimo, British Columbia. The property offers 572.00 square feet of living space. Built in 1968. Lot size: 42,689 sq ft (0.98 acres).MLS® #1025313.
2379 Brown’s Lane presents a rare multi-family development opportunity in a central Nanaimo location, with a Development Permit already approved for 21 family-oriented townhomes. The entitlement work is complete, offering a meaningful jump-start and significantly reduced development risk. The site is well positioned near schools, shopping, transit routes, employment centres, and healthcare services—key drivers of long-term end-user demand.
The approved density and layout align with proven absorption trends for townhome product in the area. Construction timing allows a developer to build through the current market cycle with anticipated completion aligning with improved market conditions. An excellent opportunity for builders or investors seeking clarity, certainty, and a strategic path forward in a well-established neighbourhood.
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$1,775,000
For Sale
2379 Browns Lane, Nanaimo BC V9T 3L5
Nanaimo, BC V9T 3L5
MLS® #1025313
Sutton Group-West Coast Realty (Nan)
0beds
1baths
572.00sq ft
1968
Property Details
Property Type
Single Family
Year Built
1968
Interior Size
572 sq ft
Lot Size
42,689 sq ft(0.98 acres)
Bedrooms
0
Bathrooms
1
Area
Nanaimo
Neighborhood
Diver Lake
MLS® Number
#1025313
Browns Lane Market Report
View comprehensive market analysis for Browns Lane 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 Browns Lane Market ReportDescription
2379 Brown’s Lane presents a rare multi-family development opportunity in a central Nanaimo location, with a Development Permit already approved for 21 family-oriented townhomes. The entitlement work is complete, offering a meaningful jump-start and significantly reduced development risk. The site is well positioned near schools, shopping, transit routes, employment centres, and healthcare services—key drivers of long-term end-user demand.
The approved density and layout align with proven absorption trends for townhome product in the area. Construction timing allows a developer to build through the current market cycle with anticipated completion aligning with improved market conditions. An excellent opportunity for builders or investors seeking clarity, certainty, and a strategic path forward in a well-established neighbourhood.
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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~$10,375
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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