Nanaimo, BC V9R 2K9,555 Milton St
Nanaimo, BC V9R 2K9,555 Milton St
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$725,000
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0.68 Acres Lot
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555 Milton St Nanaimo, BC V9R 2K9

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 981578

Rental Info Unrestricted

Annual Tax Amount $11,957

Tax Year 2024

Lot Size 0.680 Acres

Acres 0.68

Property Sub-Type Land

Property Description

Seize this rare opportunity to acquire over half an acre of prime multifamily-zoned property in the thriving city of Nanaimo. As Vancouver Island continues to attract significant migration, demand for quality housing has never been higher. This property is perfectly positioned to capitalize on the influx of residents seeking the island's unmatched lifestyle.

Fully serviced and boasting zoning conducive to multifamily development, this lot offers a seamless path to building. With utilities already in place and straightforward city processes, it's ready to bring your vision to life—whether townhomes, apartments, or a mixed-use project (subject to city approval).

Located in a strategic neighborhood close to amenities, schools, and transit, this site ensures future residents will enjoy both convenience and community. With the ease of building and high demand in Nanaimo's hot rental market, this property is a smart investment for developers and investors alike.
Also under mls#981582

Location

Province BC

County Nanaimo, City Of

Area Na Old City

Zoning DT-11

Rooms

Kitchen 0

Building

Lot Description Recreation Nearby

Sewer Sewer To Lot

Water Municipal

Others

Tax ID 029-147-409

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs


Listed by Sutton Group-West Coast Realty (Nan)
agent-avatar

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1

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555 Milton St