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This 0 bedroom, 0 bathroom multi family is listed for sale at $5,900,000 in Nanaimo, British Columbia. Lot size: 3,941,309 sq ft (90.48 acres).MLS® #1046554.
Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development.
Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans.
Offered as-is, where-is. All information and measurements are approximate and must be verified if important.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the Na South Nanaimo neighborhood. Part of the Nanaimo area.
Property Type
Multi Family
Lot Size
3,941,309 sq ft(90.48 acres)
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
South Nanaimo
Listed
Aug 10, 2026
MLS® Number
#1046554
View comprehensive market analysis for Lotus Pinnatus Way 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 Lotus Pinnatus Way Market ReportDevelopment Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development.
Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans.
Offered as-is, where-is. All information and measurements are approximate and must be verified if important.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the South Nanaimo neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$31,000
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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