This flat affordably priced building lot is an ideal investment to construct a single family home or home with a suite. The provincial government has enacted new legislation (under Bill 44) which upzones most single family lots in Nanaimo to R5; R5 accommodates higher density including 4-plex, so the opportunity to purchase a well priced property awaits you. With both sewer and water to the property edge, this 50'x130' (approx.) lot will give you the width and depth for a range of plans. The location is proximate to shopping, transportation routes, Nanaimo airport and Duke Point Ferry terminal. You are also close to the downtown core. All measurements are approximates and should be verified if important.
Data was last updated October 15, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$599,900
Min list price:
$189,000
Max list price:
$1,199,000
Avg days on market:
47
Min days on market:
4
Max days on market:
201
Avg price per sq.ft.:
$389.57
These statistics are generated based on the current listing's property type
and located in
Na South Nanaimo. Average values are
derived using median calculations.