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Home BC Greater Nanaimo Nanaimo Diver Lake
2379 Browns Lane
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2379 Browns Lane $1,775,000
19 hours ago
$1,775,000
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2379 Browns Lane
Nanaimo, British Columbia V9T3L5

MLS® Number: 1025313
1
Bathrooms
572
Square Feet

Listing Description

2379 Brown’s Lane presents a rare multi-family development opportunity in a central Nanaimo location, with a Development Permit already approved for 21 family-oriented townhomes. The entitlement work is complete, offering a meaningful jump-start and significantly reduced development risk. The site is well positioned near schools, shopping, transit routes, employment centres, and healthcare services—key drivers of long-term end-user demand. The approved density and layout align with proven absorption trends for townhome product in the area. Construction timing allows a developer to build through the current market cycle with anticipated completion aligning with improved market conditions. An excellent opportunity for builders or investors seeking clarity, certainty, and a strategic path forward in a well-established neighbourhood. (30357360)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
572 sqft
Neighbourhood Name
Diver Lake
Title
Freehold
Land Size
0.98 ac
Built in
1968
Annual Property Taxes
$9,757.17
Parking Type
Open
Time on REALTOR.ca
19 hours

Price and Sale History

Date Status Price
Apr 29, 2021 Sale Closed $1,325,000

Building

Bathrooms
Total
1
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, (Electric)
Parking
Parking Type
Open
Total Parking Spaces
4

Measurements

Square Footage
572 sqft
Total Finished Area
572 sqft

Rooms

MetricImperial
Main level
Bathroom

Land

Other Property Information
Zoning Description
COR 1
Zoning Type
Residential
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