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Dylon Paul

dylon@dylonpaul.ca +1(250) 650-9019

Listed by Kelly Whitton Real Broker

$ 375,000

Est. payment -/mo

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Active

223 Victoria Rd Nanaimo, BC V9R 4P7

4,791 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1023348

HOA Y/N No

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Unimproved 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 Old City

Area Nanaimo

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N No

Garage No

Others

Ownership Freehold

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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