NORTH NANAIMO RESIDENTIAL PROPERTY FOR SALE
Fully serviced residential zoned property IN QUIET, ESTABLISHED GREEN LAKE NEIGHBOURHOOD CLOSE TO COMMERCIAL AMENITIES AND MAJOR TRANSPORTATION with potential to subdivide offered for sale privately.
$1,195,000
Ideal for a developer or someone wanting to subdivide and build new homes and carriage homes on the property!
Open to reasonable offers.
About the Property
Large 0.65 acre (approximately 2650 sq m) residential property located in quiet established neighbourhood in North Nanaimo, near Lantzville, and close to Green Lake and Pleasant Valley. The perimeter of the property is approximately 212m.With nearly 130 feet (39.62m) of street frontage, the property is definitely wide enough to offer subdivision potential into two properties. Future area upgrades may create the potential for subdivision into 3 lots. The property is also large enough for the potential for a carriage home. Check with the City of Nanaimo regarding carriage homes on any subdivided properties.
The property currently has over a dozen large fir trees, mostly around the perimeter. The current buildings on the property include a manufactured home (768 sq ft built in 1975), a small wood-frame garage next to the home, and a small metal shed. These buildings are sold as-is, where-is.
A 36′ x 24′ garage/shop with underground 100A electrical service was completed in August, 2021.
Utilities currently run overhead from a pole at the SE corner of the property.
A ditch runs along the street frontage of the property to the driveway that is located along the left side of the property.
There is very little level property left available for development in north Nanaimo. This property, located on the west side of the Nanaimo Parkway just off of Aulds Road, is away from “already developed” subdivisions and densely built neighbourhoods. At the same time, it is remarkably close to a large variety of amenities that are accessible by foot, bicycle, or car.
Other properties in the immediate neighbourhood have recently and are currently going through the subdivision process or will be soon so the dynamics are changing and updating.
Amenities Close to the Property
The property is only a few minutes walk to Woodgrove Centre, Vancouver Island’s largest shopping mall, and a major bus exchange as well as many other restaurants, shops, and malls. If you are travelling by car, you are within a few seconds of the Nanaimo Parkway or a couple of blocks from Highway 19a. For cycling or walking, the 20+ km Nanaimo Parkway Trail is located only steps away from the property.
This property is serviced by a low-pressure sewer system and is on city water. The street has city lighting and is serviced by city garbage, recycling, and compost pickup.
The property is located within walking distance of Aspengrove School (<1km), and under 2km from Pleasant Valley Elementary School and Dover Bay Secondary School. There are 3 major grocery stores (WalMart, SaveOn Foods, Real Canadian Superstore), Costco, and the Vancouver Island Regional Library within 1.3km of the property. As well, many stores and malls are within a short walk.
Several restaurants and eateries including Tim Hortons, McDonalds, Dairy Queen, Starbucks, Woodgrove Mall Food Court, Ricky’s All Day Grill, Nori Sushi, Noodlebox, Brown’s Social House, White Spot, Bin4 Burgers, Heritage Indian Cuisine, Milano’s Ristorante, Wendys, Popeyes, Bar Burrito, and Horang are all within walking distance.
A Planet Fitness is also about a 15 minute walk away.
The bus exchange is less than 1km from the property and has bus service that services all points of Nanaimo including Lantzville, VIU, BC Ferries (Departure Bay), down to Cedar/Cinnabar, as well as an Intercity bus to Parksville and Qualicum Beach.
About Nanaimo
Nanaimo is located on central Vancouver Island about 110km north of Victoria and 55km west of Vancouver. With 2 BC Ferry terminals located in Departure Bay as well as Duke Point, Nanaimo is a gateway from Tsawwassen and Horseshoe Bay to many other cities on Vancouver Island.
Within a reasonable drive from Nanaimo, you can reach Parksville, Ladysmith, Courtenay, Comox Valley, Duncan, Victoria, Port Alberni, Tofino, Ucluelet, and Campbell River. Gabriola Island, Salt Spring Island, and the other Gulf Islands are also reachable via ferries located a short distance from Nanaimo.
Nanaimo is home to the Nanaimo Airport (YCD), and the Nanaimo Harbour Water Airport. Comox Airport and Victoria International Airport are both less than a two hour drive Nanaimo providing access to national and international destinations.
The population centre of Nanaimo is classified as Large Urban and, in 2016, had a population of 158,767.
Regional District of Nanaimo
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City of Nanaimo
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Contact the Property Owner (no drop-ins please)
PLEASE NOTE: The content for the website “Nanaimo Development Property For Sale” contained herein is provided strictly for informational purposes. Any information regarding future values, plans, or the ability to do anything in particular with this North Nanaimo Development Property is purely speculative. It is the responsibility of anyone who purchases or wishes to purchase the development property to research zoning and feasibility of the property, and surrounding neighbourhoods. Buildings on the property are sold as-is, where-is. We are not seeking representation, agencies, or offers to sell the property. No warranties on any of the structures on the property are expressed or implied. This North Nanaimo Development Property is being offered for sale by owner for potential development, with or without subdivision, at the price listed above. No guarantee is offered that any particular offer will be accepted. The above selling price may be changed at any time and/or the offer to sell withdrawn.