840 VICTORIA ROAD

Nanaimo, , V9R4R8, Canada

$395,900

Attention Builders & Investors – Profitable Development Opportunity! Here’s your chance to secure an affordable, flat, and sun-drenched 50' x 120' vacant lot just 5 minutes from all the key amenities in South Nanaimo and Chase River. With full services to the lot line and dual access via Victoria Rd and a rear laneway, this property offers incredible versatility for your next project. Zoned R5, this lot is eligible under new BC legislation to accommodate up to 4 units—ideal for two full homes with secondary suites or a main residence plus a carriage home. Whether you're a developer or a savvy investor looking to build equity and generate rental income, this is a golden opportunity to build in a rapidly growing area. Enjoy the convenience of nearby schools, shopping, and transit in a location that balances urban access with a neighborhood feel. Measurements and data are approximate; buyers to verify if important. Don't miss out—your next income-generating project starts here!

Last updated on : Monday 18th of August 2025 06:55:02 PM

ADDRESS

Street : 840 VICTORIA ROAD

City : Nanaimo

Country : Canada

Postal Code : V9R4R8

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PROPERTY SUMMARY

Property ID : 1003429

Building Type : Other

Property Type : Vacant Land

Parking : 4

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