840 Victoria Road, Nanaimo, V9R4R8

Home Overview

Description

Attention Builders & Investors – Profitable Development Opportunity! Here’s your chance to secure an affordable, flat, and sun-drenched 50' x 120' vacant lot just 5 minutes from all the key amenities in South Nanaimo and Chase River. With full services to the lot line and dual access via Victoria Rd and a rear laneway, this property offers incredible versatility for your next project. There s no GST on the lot. Zoned R5, this lot is eligible under new BC legislation to accommodate up to 4 units—ideal for two full homes with secondary suites or a main residence plus a carriage or coach home. Whether you're a developer or a investor looking to build equity and generate rental income, this is a golden opportunity to build in a rapidly growing area. Enjoy the convenience of nearby schools, shopping, and transit in a location that balances urban access with a neighborhood feel. Measurements and data are approximate; buyers to verify if important. Don't miss out—your next income-generating project starts here! (id:39198)

315 days

On Market

Vacant Land

Property Type

$1,893 / Year

Est. Taxes

Other

Style

-

Garage

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Basement