Rare opportunity – 1.6-acre (6,475 m² / 69,696 sq ft) development site on a quiet road in Nanaimo’s sought-after Uplands neighbourhood. Zoned R1 (Single Dwelling Residential), allowing minimum lot sizes of 500 m² (5,382 sq ft) or 450 m² (4,844 sq ft) with lane access. Designated “Suburban Neighbourhood” under the OCP, supporting low-rise housing at up to 25 units/ha, including single-family homes, duplexes, triplexes, fourplexes and townhomes. The property offers approx. 37 m (121 ft) frontage and 135 m (444 ft) average depth, ideal for subdivision or multi-unit planning. Existing 2,900 sq ft updated home with 4 bedrooms, 4 bathrooms, in-law suite, 338 sq ft workshop. Excellent holding property. Land assembly potential totaling 4.9 acres.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Na Uplands, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.6 acre(s)0.65 hectare(s)
Construction:
Aluminum Siding, Cement Fibre, Frame Wood, Insulation All, Vinyl Siding
Listed by REMAX Professionals (NA) and eXp Realty (NA)
Data was last updated February 27, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
97
Avg list price:
$1,190,000
Min list price:
$23
Max list price:
$25,000,000
Avg days on market:
119
Min days on market:
1
Max days on market:
674
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.