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Home BC Greater Nanaimo Nanaimo Cassidy-Cedar
2465/2550 Quennell Rd
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2465/2550 Quennell Rd $4,495,000
$4,495,000
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2465/2550 Quennell Rd
Nanaimo, British Columbia V9X1K4

MLS® Number: 1004409

Listing Description

A unique and expansive land offering totaling approximately 66.84 acres across two contiguous parcels on the tranquil shores of Quennell Lake. This rare opportunity includes 2550 Quennell Road, a 41.49-acre property improved with multiple commercial structures, including a 3,272 SF converted residence currently leased to health, wellness, and lifestyle operators. Also included is the 25.36-acre parcel at 2465 Quennell Road, currently held under a long-term lease with a nominal purchase option and to be conveyed as fee simple. In accordance with BC Agricultural Land Commission (ALC) regulations, the buyer will be responsible for amalgamating the two parcels into a single title post-closing. Zoned AG1 and located within the Regional District of Nanaimo, the property supports a broad range of agricultural and tourism-based uses. Improvements include barns, two tunnel greenhouses totaling 6,200 SF, a modular cannabis-grade production facility (4,032 SF), post-harvest infrastructure, and drainage and irrigation systems supporting approximately 24 acres of field and greenhouse cultivation. A licensed water source, septic system, and utility access support further flexibility for future use. With over 2,250 feet of road frontage and an idyllic lakeside setting, the property is ideal for those seeking a mix of revenue, agricultural productivity, and potential lifestyle or eco-retreat development. Access is easy via Quennell Road and major arterial routes, with ferry terminals and air access to Vancouver just 20 minutes north in Nanaimo. Whether for investment, expansion of an agricultural enterprise, or a multi-use retreat concept, this property offers scale, infrastructure, natural beauty, and long-term potential on Vancouver Island (29531645)

Property Summary

Property Type
Other
Building Type
Other
Neighbourhood Name
Cedar
Title
Freehold
Land Size
66.84 ac
Built in
1968
Annual Property Taxes
$37,206
Time on REALTOR.ca
172 days

Building

Building Features
Features
Acreage, Level lot, Private setting, Wooded area, Other
Fire Protection
Fire alarm system, Sprinkler System-Fire
Heating & Cooling
Cooling
Air Conditioned, Fully air conditioned
Heating Type
Baseboard heaters, Heat Recovery Ventilation (HRV), (Electric)
Business
Business Type
Agriculture, Forestry, Fishing and Hunting
Sign Type
Pylon

Measurements

Exterior Building Size
28262 sqft

Land

Lot Features
View
Lake view
Other Property Information
Access
Road access
Zoning Type
Unknown
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Mark Lester