- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1026910
- Photos (40)
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Rare opportunity – 1.6-acre (6,475 m² / 69,696 sq ft) development site on a quiet road in Nanaimo’s sought-after Uplands neighbourhood. Zoned R1 (Single Dwelling Residential), allowing minimum lot sizes of 500 m² (5,382 sq ft) or 450 m² (4,844 sq ft) with lane access. Designated “Suburban Neighbourhood” under the OCP, supporting low-rise housing at up to 25 units/ha, including single-family homes, duplexes, triplexes, fourplexes and townhomes. The property offers approx. 37 m (121 ft) frontage and 135 m (444 ft) average depth, ideal for subdivision or multi-unit planning. Existing 2,900 sq ft updated home with 4 bedrooms, 4 bathrooms, in-law suite, 338 sq ft workshop. Excellent holding property. Land assembly potential totaling 4.9 acres.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Na Uplands, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.6 acre(s)
- Taxes:
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- Construction:
- Aluminum Siding, Cement Fibre, Frame Wood, Insulation All, Vinyl Siding
- Foundation:
- Concrete Perimeter
- Ceiling Heights:
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- Floor finish:
- Mixed
- Total Building Area:
- 2,878 sq. ft.
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Forced Air, Natural Gas
- Fireplace:
- No
- Pending Date:
- Signup
- Balcony/Deck, Balcony/Patio
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Acreage, Central Location, Easy Access, Irregular Lot, Quiet Area, Recreation Nearby, Shopping Nearby
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Feb 24, 2026
- Original Price:
- 1980000.0
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Listed by REMAX Professionals (NA) and eXp Realty (NA)
Data was last updated February 25, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 96
- Avg list price:
- $1,194,950
- Min list price:
- $23
- Max list price:
- $25,000,000
- Avg days on market:
- 118
- Min days on market:
- 1
- Max days on market:
- 672
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- KIM JOHANNSEN
- JOHANNSEN GROUP REALTY
- 250-748-8080
- Contact by Email
Johannsen Group Realty
Office Address:
#2 - 3179 Barons Rd
Nanaimo, BC, V9X 1A1