- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 995066
- Photos (8)
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This 1.92-acre Oceanview development property in Brechin Hill boasts scenic views of Departure Bay, Newcastle Channel, and Nanaimo Harbour. The City of Nanaimo is open to various rezoning and development options, including a proposed 47-unit development with 15 townhouses and 32-unit apartment building or a previous plan for 24 luxury townhomes with/without suites. Alternatively, subdivide into 10-12 Oceanview lots for single-family homes, duplexes, or multiplexes, subject to city approval. And the Citywide Parking Review is expected to ease parking requirements. Flexible development options allow phased construction of townhouses/ residential lots based on market conditions or financing or leverage attractive CMHC rates for rental apartment construction. Architectural, geotechnical, environmental, and other reports are available to serious buyers. The Buyer must independently verify all property details and development potential through the City of Nanaimo or qualified professionals.
- Property Type:
- Residential
- Type:
- Land
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Na Brechin Hill, Nanaimo
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 1.921 acre(s)
- Kitchens:
- 0
- Taxes:
- Signup
- Ceiling Heights:
- Signup
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- To Lot
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
- Signup
- City, Mountain(s), Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
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- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Lot Site Features:
- Acreage, Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Southern Exposure, See Remarks
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 2
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Apr 11, 2025
- Original Price:
- 3000000.0
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Virtual Tour
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated April 18, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 40
- Avg list price:
- $697,450
- Min list price:
- $285,000
- Max list price:
- $3,000,000
- Avg days on market:
- 62
- Min days on market:
- 4
- Max days on market:
- 298
- Avg price per sq.ft.:
- $531.27
These statistics are generated based on the current listing's property type
and located in
Na Brechin Hill. Average values are
derived using median calculations.
- Jerome Peacock
- Pemberton Holmes Real Estate
- 250-888-0326
- jerome@peacockrealestate.ca
805 Cloverdale Ave #150
Victoria, British Columbia V8X 2S9