555 Milton St Active

Nanaimo,BC V9R2K9

$ 725000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Old City

MLS Listing ID 981578

Originating Board Vancouver Island Real Estate Board

Lot Size 0.670 Acres

Acres 29185.2

Property Description

Seize this rare opportunity to acquire over half an acre of prime multifamily-zoned property in the thriving city of Nanaimo. As Vancouver Island continues to attract significant migration, demand for quality housing has never been higher. This property is perfectly positioned to capitalize on the influx of residents seeking the island’s unmatched lifestyle. Fully serviced and boasting zoning conducive to multifamily development, this lot offers a seamless path to building. With utilities already in place and straightforward city processes, it’s ready to bring your vision to life—whether townhomes, apartments, or a mixed-use project (subject to city approval). Located in a strategic neighborhood close to amenities, schools, and transit, this site ensures future residents will enjoy both convenience and community. With the ease of building and high demand in Nanaimo’s hot rental market, this property is a smart investment for developers and investors alike. Act now—opportunities like this don’t last! Also under mls#981582 (id:24570)

Location

Province BC

Zoning Other

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Freehold

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