3801 Shenton Rd, Nanaimo, BC

Name: 3801 Shenton Rd, For Sale in Nanaimo - Zoocasa
Brand: RE/MAX Camosun
SKU: 1024041
Price: 1400000 CAD

House

For Sale

Listed price in listed location currency (CAD).

$1,400,000

000

MLS® 1024041

Overview

Key Facts

Type Unimproved Land

Levels Commercial Sale

Size -

Garage

Taxes $20,756

Days Active 137

Lot Size

Approx. Age

MLS® Number 1024041

Property Address: 3801 Shenton Rd, Nanaimo, BC, V9T2H1

Average square foot calculated using Size range provided by listing agent.

Description

A well-positioned lakefront residential development investment opportunity is available for builders and developers seeking a manageable-scale project. This approximately 3/4-acre property fronts Diver Lake, featuring flexible COR2 zoning, which supports street-oriented, medium-density residential and mixed-use development along major corridors. The site previously held a Development Permit for approximately 16–20 residential units in a multi-storey building with underground parking. While a new Development Permit will be required, the prior approval demonstrates the site’s suitability for a purpose-built rental apartment or boutique condominium project at a manageable scale. With strong southern exposure, direct lake frontage, and proximity to schools, transit, and amenities, this property offers a compelling infill development opportunity within Nanaimo’s growing urban corridor—well suited to developers seeking an efficient project with long-term rental or sell-out potential.

MLS® Number1024041

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

Last Sold Price

----

Appreciation

Avg. Days Listed

Today, For Sale for $1,400,000

For Sale · 137 days

$1,400,000

MLS® 1024041

5 months ago

Not Sold Yet

January 2026, For Sale for $1,400,000

For Sale · 137 days

$1,400,000

MLS® 1024041

5 months ago

Not Sold Yet

November 2025, Canceled for $2,300,000

Canceled · 0 days

$2,300,000

MLS® 787313

6 months ago

Canceled on Sep 14, 2018

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