Attention Builders & Investors – Profitable Development Opportunity! Here’s your chance to secure an affordable, flat, and sun-drenched 50' x 120' vacant lot just 5 minutes from all the key amenities in South Nanaimo and Chase River. With full services to the lot line and dual access via Victoria Rd and a rear laneway, this property offers incredible versatility for your next project. Zoned R5, this lot is eligible under new BC legislation to accommodate up to 4 units—ideal for two full homes with secondary suites or a main residence plus a carriage home. Whether you're a developer or a savvy investor looking to build equity and generate rental income, this is a golden opportunity to build in a rapidly growing area. Enjoy the convenience of nearby schools, shopping, and transit in a location that balances urban access with a neighborhood feel. Measurements and data are approximate; buyers to verify if important. Don't miss out—your next income-generating project starts here! (id:4069)
Address
840 Victoria Rd
List Price
$395,900
Property Type
Vacant Land
Type of Dwelling
Vacant Land
Transaction Type
Sale
Area
British Columbia
Sub-Area
Nanaimo
Lot Size
6054 Sq. Ft.
MLS® Number
1003429
Listing Brokerage
Sutton Group-West Coast Realty (Nan)
Postal Code
V9R4R8
Zoning
R5
Site Influences
View
Features
Central location, Level lot, Southern exposure, Partially cleared, Other, Marine Oriented
