311 Wallace St
Na Old City
Nanaimo
V9R 5B5
$895,000
Residential
beds: 0
baths: 0.0
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 981574
- Photos (6)
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Prime Multifamily Development Opportunity in Nanaimo!
Discover the potential of this expansive 16,000+ SF multifamily-zoned property, ideally located in the heart of vibrant Nanaimo. Fully serviced and ready for your vision, this property is perfect for investors and developers seeking a prime site for townhomes, apartments, or a mixed-use project (subject to city approvals).
Enjoy the convenience of nearby amenities, schools, and public transit, making this an attractive location for future residents. With zoning in place and a fantastic price point, this is a rare opportunity to secure a development-ready parcel in one of Nanaimo's growing neighborhoods.
Don’t miss out—this is your chance to bring a transformative project to life in a city with a strong rental demand and an expanding population.
Act fast—contact us today for details! Pictures to follow Also under MLS# 981570
- Property Type:
- Residential
- Type:
- Land
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 16,770 sq. ft.1,558 m2
- Kitchens:
- 0
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- # 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:
- Municipal
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
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- 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:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Nanaimo
- Legal Description:
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- Units in Building:
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- Units in Community:
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- 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
- Occupancy:
- Vacant
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 0
- Total Units:
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- Date Listed:
- Dec 02, 2024
- Original Price:
- 895000.0
Larger map options:
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated January 18, 2025 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 44
- Avg list price:
- $599,450
- Min list price:
- $304,900
- Max list price:
- $1,499,000
- Avg days on market:
- 60
- Min days on market:
- 1
- Max days on market:
- 272
- Avg price per sq.ft.:
- $515.24
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- GRAEME MACPHAIL
- ROYAL LEPAGE NANAIMO 177059
- 1 (250) 6673441
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
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