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311 Wallace St
Na Old City Nanaimo V9R 5B5

$895,000
Residential beds: 0 baths: 0.0

Main Photo: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 1: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 2: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 3: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 4: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 5: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Photo 6: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
Status:
Active
Prop. Type:
Residential
MLS® Num:
981574
Prime Multifamily Development Opportunity in Nanaimo! Discover the potential of this expansive 16,000+ SF multifamily-zoned property, ideally located in the heart of vibrant Nanaimo. Fully serviced and ready for your vision, this property is perfect for investors and developers seeking a prime site for townhomes, apartments, or a mixed-use project (subject to city approvals). Enjoy the convenience of nearby amenities, schools, and public transit, making this an attractive location for future residents. With zoning in place and a fantastic price point, this is a rare opportunity to secure a development-ready parcel in one of Nanaimo's growing neighborhoods. Don’t miss out—this is your chance to bring a transformative project to life in a city with a strong rental demand and an expanding population. Act fast—contact us today for details! Pictures to follow Also under MLS# 981570
Property Type:
Residential
Type:
Land
Listing General Location:
Na Old City, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
16,770 sq. ft.
Kitchens:
0
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Municipal
Sewer:
Sewer To Lot
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Vacant
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
0
Date Listed:
Dec 02, 2024
Original Price:
895000.0
  • Photo 1: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 2: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 3: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 4: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 5: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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  • Photo 6: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated January 4, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$599,000
Min list price:
$304,900
Max list price:
$1,499,000
Avg days on market:
63
Min days on market:
1
Max days on market:
259
Avg price per sq.ft.:
$474.31
These statistics are generated based on the current listing's property type and located in Na Old City. Average values are derived using median calculations.
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.