REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listing by Brad Bailey Colliers International (Nan)
$ 3,360,000
Est. payment | /mo
5.96 Acres Lot
$ 3,360,000
Est. payment | /mo
5.96 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1011039
HOA Y/N No
Tax Year 2025
Lot Size 5.960 Acres
Acres 5.96
Property Sub-Type Multi Family
Property Description
For Sale - 5.96 acre largely cleared development site in desirable Upper Lantzville. Exceptional opportunity for development under existing zoning allowing for low density multifamily townhome and duplex types as part of a 10 lot strata development. Total units under current DP application envisions 32 mixed type units of which 14 can be a "cluster" multifamily development. Services are at lot line, and preliminary approvals in place. Further opportunity exists for comprehensive development with adjacent property whereby 7-11 further strata lots comprising +/- 2.34 acres (up
to 5.3 acres) can be purchased and developed. Proposed works include park dedication, environmental protection areas; greenway trail, and ancillary parking area. An existing older home on site is currently tenanted.
parking area. An existing older home on site is currently tenanted
to 5.3 acres) can be purchased and developed. Proposed works include park dedication, environmental protection areas; greenway trail, and ancillary parking area. An existing older home on site is currently tenanted.
parking area. An existing older home on site is currently tenanted
Location
Province BC
County Nanaimo Regional District
Community Na Upper Lantzville
Area Nanaimo
Zoning R1,R2,R8
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Street Surface Paved
Garage No
Building
Lot Description Acreage
Others
Ownership Freehold
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "