Mls Bc Canada
103 Lotus Pinnatus Way
Na South Nanaimo
Nanaimo
V9R 4A7
$7,903,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1000139
- Photos (4)
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Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. Offered as-is, where-is. All information and measurements are approximate and must be verified if important.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na South Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 90.481 acre(s)36.6 hectare(s)
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Acreage, Central Location
- Total Units:
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- Date Listed:
- May 21, 2025
- Original Price:
- 7903000.0
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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated May 29, 2025 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 97
- Avg list price:
- $1,050,000
- Min list price:
- $19,900
- Max list price:
- $24,517,000
- Avg days on market:
- 83
- Min days on market:
- 2
- Max days on market:
- 616
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.