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$ 375,000
Est. payment | /mo
4,791 Sqft Lot
$ 375,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1023350
Rental Info Unrestricted
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 33 x 143
Property Sub-Type Land
Property Description
223 Victoria Road presents a rare and highly strategic multi-family development opportunity in Nanaimo. Unlike the large-scale multi-family projects that dominate the market and require substantial working capital, this approved four-unit townhouse-style complex offers a more accessible entry point for builders while maintaining strong investment potential. The property is ideally situated within walking distance of downtown and central shopping, ensuring long-term desirability.This project features a unique mix of residential and live-work spaces. The standout unit is a rare live-work design with a 521 sq. ft. ground-floor office space that connects via an internal staircase to a two-bedroom, 774 sq. ft. residential unit above.The second level also has a separate exterior entrance, maximizing functionality and rental appeal.The remaining three units are well-designed two-bedroom residences of approximately 820 sq/ft.,each with a private outdoor deck and townhouse-style exterior access
Location
Province BC
County Nanaimo, City Of
Area Na South Nanaimo
Zoning DT12
Rooms
Kitchen 0
Exterior
Total Parking Spaces 1
Building
Sewer Sewer To Lot
Water Municipal
Others
Pets Allowed Yes
Tax ID 008-823-031
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
Listed by REMAX Professionals (NA)

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