Dallas King Personal Real Estate Corporation, REALTOR®, RE/MAX Generation
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This 0 bedroom, 0 bathroom land is listed for sale at $599,000 in Nanaimo, British Columbia. Lot size: 42,689 sq ft (0.98 acres).MLS® #1025468.
Prime Development Opportunity in Nanaimo This exceptional nearly one-acre (.98) vacant lot presents an unparalleled opportunity for discerning builders and land developers. Situated in a thriving family-oriented community and directly across from an Elementary School, this property is currently zoned R5, offering extensive possibilities for multi-family new construction. With the city’s favorable stance towards higher density (subject to approval), this is an ideal location for innovative development.
Seize this chance to contribute to the growth of Nanaimo while creating a legacy in a sought-after neighborhood.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the Na Chase River neighborhood. Part of the Nanaimo area.
Property Type
Land
Lot Size
42,689 sq ft(0.98 acres)
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
Chase River
Listed
Feb 10, 2026
MLS® Number
#1025468
View comprehensive market analysis for Cranberry 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 Cranberry Ave Market ReportPrime Development Opportunity in Nanaimo This exceptional nearly one-acre (.98) vacant lot presents an unparalleled opportunity for discerning builders and land developers. Situated in a thriving family-oriented community and directly across from an Elementary School, this property is currently zoned R5, offering extensive possibilities for multi-family new construction. With the city’s favorable stance towards higher density (subject to approval), this is an ideal location for innovative development.
Seize this chance to contribute to the growth of Nanaimo while creating a legacy in a sought-after neighborhood.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the Chase River neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$4,495
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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