An excellent opportunity to build in the desirable University District of Nanaimo. This city lot has never been developed and is being sold by the original owners ready for its next owner. Located just five minutes from downtown and in close proximity to recreational facilities, shopping, transit and all levels of school, it is well situated for any investor. Buyer to verify R5 zoning with the City but there is strong development potential here for the right buyer. Measurements approximated, please verify if important.
Data was last updated October 8, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
56
Avg list price:
$687,000
Min list price:
$299,000
Max list price:
$2,969,000
Avg days on market:
45
Min days on market:
4
Max days on market:
259
Avg price per sq.ft.:
$397.42
These statistics are generated based on the current listing's property type
and located in
Na University District. Average values are
derived using median calculations. This data is not produced by the MLS® system.