Nanaimo, BC V9R 2K9,555 Milton St
Nanaimo, BC V9R 2K9,555 Milton St
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$ 725,000
Est. payment | /mo

0.68 Acres Lot


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$ 725,000
Est. payment | /mo
Save

0.68 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 981578

Rental Info Unrestricted

Annual Tax Amount $11,957

Tax Year 2024

Lot Size 0.680 Acres

Acres 0.68

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.
Also under mls#981582

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning DT-11

Rooms

Kitchen 0

Building

Lot Description Recreation Nearby

Sewer Sewer To Lot

Water Municipal

Others

Pets Allowed Yes

Tax ID 029-147-409

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by Sutton Group-West Coast Realty (Nan)
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555 Milton St