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Listing by Kelly Whitton Real Broker

$375,000

Est. payment - /mo

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4,791 Sqft Lot

Active

223 Victoria Rd Nanaimo, BC V9R 4P7

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Kyle Kerr PREC

kyle@initiumre.com +1(250) 818-5595

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1023350

HOA Y/N No

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

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

Community Na South Nanaimo

Area Nanaimo

Zoning DT12

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Garage Spaces 1.0

View Y/N false

Total Parking Spaces 1

Garage No

Building

Sewer Sewer To Lot

Water Municipal

Others

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

Ownership Freehold

NEARBY SCHOOLS & PROPERTIES

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