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2640 Cedar Heights Cres
Na Cedar Nanaimo V9X 1N4

$1,200,000
Residential beds: 0 baths: 0.0

Main Photo: 2640 Cedar Heights Cres in Nanaimo: Na Cedar Land for sale : MLS®# 1008107
Photo 1: 2640 Cedar Heights Cres in Nanaimo: Na Cedar Land for sale : MLS®# 1008107
Photo 2: 2640 Cedar Heights Cres in Nanaimo: Na Cedar Land for sale : MLS®# 1008107
Photo 3: 2640 Cedar Heights Cres in Nanaimo: Na Cedar Land for sale : MLS®# 1008107
Photo 4: 2640 Cedar Heights Cres in Nanaimo: Na Cedar Land for sale : MLS®# 1008107
Photo 5: 2640 Cedar Heights Cres in Nanaimo: Na Cedar Land for sale : MLS®# 1008107
Photo 6: 2640 Cedar Heights Cres in Nanaimo: Na Cedar Land for sale : MLS®# 1008107
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Photo 13: 2640 Cedar Heights Cres in Nanaimo: Na Cedar Land for sale : MLS®# 1008107
Status:
Active
Prop. Type:
Residential
MLS® Num:
1008107
One of a kind, 14 acre Institutional Zoned bare land property adjacent to Cable Bay Area. Land is mostly level with many building sites, Southern Exposure, two spring fed ponds which are home to many wildlife species. The zoning allows for institutional use which would include schools, intermediate or extended care, memory centre, or many other group home related uses. Property currently has 200 amp electrical service and three phase power is available at the property line. An excellent well producing approx. 14 gpm. Property is designated Residential under the OCP, so the RDN will support it being rezoned to residential to accommodate at least two additional residences, plus suites. Property is divided by a road and may be able to be subdivided to 8 and 5 acre parcels.
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Cedar, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
14.46 acre(s)
Kitchens:
0
Taxes:
Ceiling Heights:
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Well: Drilled
Sewer:
None
Fireplace:
No
Pending Date:
Mountain(s)
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Zoning:
I1
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Partially Occupied
Lot Site Features:
Acreage, No Through Road, Private, Quiet Area, Rural Setting, In Wooded Area, Wooded
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
100
Road Surface Type:
Paved
Total Units:
Date Listed:
Jul 30, 2025
Original Price:
1200000.0
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Listed by REMAX Professionals
Data was last updated August 1, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$949,900
Min list price:
$199,900
Max list price:
$10,998,000
Avg days on market:
58
Min days on market:
2
Max days on market:
571
Avg price per sq.ft.:
$462.84
These statistics are generated based on the current listing's property type and located in Na Cedar. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.