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Home BC Greater Nanaimo Nanaimo City Center-Protection Island
311 Wallace St
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311 Wallace St $895,000
$895,000
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311 Wallace St
Nanaimo, British Columbia V9R5A8

MLS® Number: 981570

Listing Description

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! Also under mls 981574 (28682668)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Old City
Title
Freehold
Land Size
16770 sqft
Annual Property Taxes
$23,025
Time on REALTOR.ca
19 days

Building

Building Features
Total Units
0

Land

Other Property Information
Zoning Description
DT2
Zoning Type
Unknown
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8

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