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Listed by Cody Dreger 460 Realty Inc. (NA)
$ 2,950,000
Est. payment | /mo
5.96 Acres Lot
$ 2,950,000
Est. payment | /mo
5.96 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1039366
HOA Y/N No
Tax Year 2025
Lot Size 5.960 Acres
Acres 5.96
Property Sub-Type Multi Family
Property Description
Rare development opportunity in the highly desirable community of Upper Lantzville, adjacent to the Foothills Project. This 5.96-acre property has been largely cleared and is supported by extensive planning and due diligence work. Current plans contemplate a 23-unit development consisting of 14 townhomes and 9 strata single-family lots, offering a diverse housing mix in one of Vancouver Island's most sought-after markets. The property benefits from services at the lot line and significant preliminary planning, helping streamline the development process. A covenant registered on title links the property with the neighbouring parcel at 6685 Harwood Road, supporting a broader 34-unit vision for the area. Proposed amenities include park dedication, environmental protection areas, and greenway trail connections. An additional opportunity exists to acquire the neighbouring property, creating a combined development potential of approximately 34 residential units.
Location
Province BC
County Nanaimo, City Of
Community Na Upper Lantzville
Area Nanaimo
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Garage No
Others
Ownership Freehold
Nearby Locations
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