$1,999,000
1015 Park Ave, Nanaimo BC V9R 4J5, Nanaimo
- Bedrooms
- 0
- Bathrooms
- 0
- Type
- Land
- Property taxes
- $11,838 / year
- MLS® Number
- 1050851
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.
Listing history
| Date | Event | Details |
|---|---|---|
| Sep 25, 2026 | Listed | $1,999,000 |
Shows changes recorded since this listing was first synced to this site, so it may not include earlier activity.
Listed by Sutton Group-West Coast Realty (Nan)
Listing data via VIVA, the MLS® System of the Victoria and Vancouver Island Real Estate Boards; courtesy of Sutton Group-West Coast Realty (Nan).
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