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622/626/630 Fourth St in Nanaimo: Na University District Multi Family for sale : MLS®# 982742
622/626/630 Fourth St Na University DistrictNanaimoV9R 1V3
Discover an exceptional chance to acquire a prime development property in Nanaimo's University District. Situated at 622, 626, and 630 Fourth Street, this offering includes three identical lots, each with lane access and cumulatively spanning over 20,000 square feet. Located just a short stroll from the Vancouver Island University campus, this site is perfectly positioned for a potential condominium or rental project that would appeal to faculty, students, and families alike. With the potential to construct 24 units or more, this property presents a profitable opportunity for developers eager to meet the increasing housing demand in the region. Highlighted is a neighboring project on a similar site that successfully underwent rezoning and secured permits within just 7 months, illustrating the potential for rapid project initiation. Don't let this unique opportunity to secure a prime development site in one of Nanaimo's most sought-after locations slip away.More details
Attention Builders and Investors: A Rare Opportunity in the Heart of Nanaimo’s University District! This is your chance to secure two separate, fully legal lots (two PIDs), both zoned R5, allowing for the construction of 2 fourplexes. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Both lots boast excellent laneway access and are located just a short walk from VIU, a prime area for rental demand. And there’s more—an additional lot is available under a separate MLS listing, presenting the rare opportunity to create a 3 lot, 12-unit project -.Opportunities like this are unheard of in the University District. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! All measurements are approximateMore details
Discover the limitless potential of 2 lots located at 455 Watfield Avenue. A special property spanning 10,824 sqft across a double lot in a prime location. Boasting a massive backyard with alley access, this property offers unparalleled flexibility and future development opportunities. Zoned CS1, R5, and R1, the possibilities are vast—build your dream home with a suite, a carriage house, or capitalize on the zoning to expand into a triplex or fourplex to max rental income or resale value. Situated just 3 blocks from Vancouver Island University and surrounded by parks, shops, and schools, this property’s location is ideal for attracting a wide range of tenants or buyers. Whether catering to students, families, or professionals, the demand in this neighborhood ensures strong income-generating potential.This property is a rare gem offering both immediate and long-term value. Don’t miss the opportunity to secure a highly versatile investment in one of the most sought-after areas. NO GST*More details
Welcome to your private oasis in this lovely quiet neighborhood. This 1400+sqft, 3bed 2bath home has a detached garage/workshop just right for your projects & storage. Boasting an updated, open plan and modern kitchen with gas range & appliances to match. The Vaulted open plan kitchen/dining/living is brightened by a skylight & south facing floor to ceiling windows. Updated wide plank wood flooring, crown molding, tiling & carpeting creates a fresh upscale move-in ready home. A generous master suite w/full bath, 2nd bedroom for guests & 3rd bedroom as an optional office/den. Adding to your living space is a LG partially covered deck off the dining area onto a south facing patio with distant valley views. One of the prime positions in immaculate Willow Park. Steps away from Morrell Sanctuary a walk in the park or a hike into the hills. Hop on or bike or into your car as Starbucks is only 7 minutes away or bike over to Colliery Dam Park for a summer swim in one of two lakes.More details
Listed by RE/MAX Generation - The Neal Estate Group
Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 585 Hillcrest St. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 4550 sq. ft parcel of vacant land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there’s more—there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Presenting the rare opportunity to create a 3 lot, 12-unit Project. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss!More details