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Listed price in listed location currency (CAD).
$1,999,000

000

MLS® 1050853

Overview

Key Facts

Type Unimproved Land
Levels Commercial Sale
Size -
Garage 
Taxes $11,838
Days Active 29
Lot Size 4.74 Acres
Approx. Age 
MLS® Number 1050853

Property Address: 1015 Park Ave, Nanaimo, BC, V9R4J5

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

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.
MLS® Number1050853
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,999,000

For Sale · 28 days

$1,999,000

MLS® 1050853

A month ago

Not Sold Yet

September 2026, For Sale for $1,999,000

For Sale · 28 days

$1,999,000

MLS® 1050853

A month ago

Not Sold Yet

  • Sep 24, 2026, Canceled for $2,380,000

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