- Status:
- Active
- Prop. Type:
- Land
- MLS® Num:
- R2921482
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Discover an exceptional investment opportunity with this 5-acre development lot located within Nanaimo's city limits, one of the region's fastest-growing areas. A proposal for a 27-unit development has been thoroughly discussed with city officials, and all architectural and engineering designs, along with geotechnical, environmental, and other reports, are available as part of the offering. The potential for higher density under the new Nanaimo OCP regulations provides substantial development opportunities. Adjacent to the Swordfern/Stonecrop subdivision in the desirable Cinnabar Heights area along Extension Rd, this lot offers a perfect blend of natural living and urban convenience. It is an ideal location for your next project, combining tranquility with proximity to city amenities.
- Property Type:
- Land
- Ownership:
- Freehold NonStrata
- Manufactured Type:
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- Floor Area - Unfinished:
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- Floor Area - Detached 2nd Residence:
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- Rainscreen:
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- Bathrooms:
- - (Full:-/Half:-)
- Kitchens:
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- Rooms:
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- Taxes:
- $10,110.75 / 2023
- Lot Area:
- 5 acre(s)
- Exposure / Faces:
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- Rear Yard Exposure:
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- Pad Rental:
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- # or % of Rentals Allowed:
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- Water Supply:
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- Plan:
- VIP38297
- Name of Complex/Subdivision:
- Chase River
- Development Status:
- No Building Permit Approved, Development Permit Not Available
- Foundation:
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- Basement:
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- Full Height:
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- Crawl Height:
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- Roof:
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- Building Plans:
- Not Available
- Info Package Avail.:
- Yes
- Floor Finish:
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- Floor Area Fin - Above Grade:
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- Floor Area Fin - Below Main:
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- Floor Area Fin - Below Grade:
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- Floor Area Fin - Basement:
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- Heating:
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- # Of Parking Spaces - Total:
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- # Of Covered Spaces:
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- Flood Plain:
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- Suite:
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- PARK; VALLEY; FOREST
- Council Approval:
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- Income Per Annum:
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- Oper. Expenses:
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- Net Operating Income:
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- Age Restrictions:
- No
- Dist to Public Trans:
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- Dist to School Bus:
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- Property Disclosure:
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- Fixtures Leased:
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- Fixtures Removed:
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- Home Owners Association:
- No
- Land Lease:
- No
- Zoning:
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- Access to property:
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- Utilities:
- Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity Not Available, Natural Gas Not Available, Phone Nearby, Cable Not Available
- Telephone Service:
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- Electricity:
- No
- Fencing:
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- Plumbing Details:
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- Potential for Rezoning:
- Yes
- Sketch Attached:
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- Restrictions:
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Photo 1 of 1
Listed by Westmont Realty Inc.
Data was last updated August 25, 2025 at 07:40 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $277,000
- Min list price:
- $84,444
- Max list price:
- $3,100,000
- Avg days on market:
- 122
- Min days on market:
- 17
- Max days on market:
- 677
These statistics are generated based on the current listing's property type
and located in
FVREB Out of Town. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
