1015 Park Ave, Nanaimo, BC V9R 4J5
1015 Park Ave, Nanaimo, BC V9R 4J5
1015 Park Ave, Nanaimo, BC V9R 4J5
10
See all 10 photos
Listing by Mike Phillips Sutton Group-West Coast Realty (Nan)
$1,999,000
Est. payment /mo
Save Virtual Tour
4.74 Acres Lot
Active

1015 Park Ave Nanaimo, BC V9R 4J5

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Kyle Kerr PREC

Kyle Kerr PREC

+1(250) 818-5595

UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1050853

HOA Y/N No

Annual Tax Amount $11,838

Tax Year 2026

Lot Size 4.740 Acres

Acres 4.74

Property Sub-Type Unimproved Land

Property Description

DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density potential of up to 36 townhouse units. The Suburban Neighbourhood OCP designation supports up to 25 units/ha. With site-specific rezoning approval, preliminary concepts indicate the property could potentially accommodate up to 36 townhomes. A 2024 topographic survey and slope analysis identify approximately 1.463 ha of developable area. Concept layouts explore building placement, access and grading in response to site constraints, giving developers a solid starting point to assess feasibility and design. Due-diligence materials include survey, slope and geotechnical information, terrain modelling and concept plans. Minutes from VIU, transit, schools, shopping and major routes, this is an opportunity to pursue a higher-density townhouse project in Nanaimo. Concepts and unit counts are preliminary; all development is subject to purchaser due diligence and required municipal approvals.

Location

Province BC

County Nanaimo, City Of

Community Na South Nanaimo

Area Nanaimo

Zoning R10

Interior

Fireplace No

Exterior

View Y/N true

View City, Mountain(s)

Garage No

Building

Lot Description Acreage, Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Park Setting, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure, Wooded, See Remarks

Water Municipal

Others

Ownership Freehold

Virtual Tour https://youtu.be/Vo-bE6tczgo

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.”

NEARBY SCHOOLS & PROPERTIES

Initium Real Estate Ltd

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

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Initium Real Estate Ltd, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1015 Park Ave