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Sean Carrie

Engel & Völkers

sean.carrie@engelvoelkers.com +1(250) 884-3498

Listed by Mike Phillips Sutton Group-West Coast Realty (Nan)

$ 2,380,000

Est. payment -/mo

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1015 Park Ave Nanaimo, BC V9R 4J5

4.74 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1037842

HOA Y/N No

Annual Tax Amount $11,186

Tax Year 2025

Lot Size 4.740 Acres

Acres 4.74

Property Sub-Type Land

Property Description

DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density potential of up to 36 townhouse units. The Suburban Neighbourhood OCP designation supports up to 25 units/ha. With site-specific rezoning approval, preliminary concepts indicate the property could potentially accommodate up to 36 townhomes. A 2024 topographic survey and slope analysis identify approximately 1.463 ha of developable area. Concept layouts explore building placement, access and grading in response to site constraints, giving developers a solid starting point to assess feasibility and design. Due-diligence materials include survey, slope and geotechnical information, terrain modelling and concept plans. Minutes from VIU, transit, schools, shopping and major routes, this is an opportunity to pursue a higher-density townhouse project in Nanaimo. Concepts and unit counts are preliminary; all development is subject to purchaser due diligence and required municipal approvals.

Location

Province BC

County Nanaimo, City Of

Community Na South Nanaimo

Area Nanaimo

Zoning R10

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

View Y/N Yes

View City, Mountain(s)

Street Surface Paved

Garage No

Building

Lot Description Acreage, Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Park Setting, Quiet Area, Recreation Nearby, Shopping Nearby, Southern Exposure, Wooded, See Remarks

Sewer Sewer Available

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Virtual Tour https://youtu.be/Vo-bE6tczgo

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Sean Carrie

Advisor

+1(250) 884-3498

Sean Carrie

1015 Park Ave Nanaimo, BC V9R 4J5

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1015 Park Ave