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Listed by Brent Russell REMAX Professionals (NA)
$ 1,850,000
Est. payment /mo
Active
3383 Opal Rd Nanaimo, BC V9T 2V6
1,970 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,970 sqft
Price per Sqft $939
MLS Listing ID 1026879
HOA Y/N No
Annual Tax Amount $6,177
Tax Year 2025
Lot Size 1.700 Acres
Acres 1.7
Property Sub-Type Multi Family
Property Description
Excellent 1.7-acre (6879 m² / 74052 sq ft) development opportunity is located on a quiet road in Nanaimo's desirable Uplands neighbourhood, a community known for its natural beauty & predominantly single-family homes. Zoned R1 (Single Dwelling Residential), the property supports low-density residential development with minimum lot sizes of 500 m² (5,382 sq ft) for standard single-family lots or 450 m² (4,844 sq ft) for lane-access parcels. Under the OCP, the property is designated “Suburban Neighbourhood,” an area oriented toward low-rise residential development with a target density of 25 units per hectare. Typical supported building forms include single-family homes, duplexes, triplexes, fourplexes & townhomes. The property offers approx. 35.01 m (115 ft) of frontage and an average depth of 127.45 m (418 ft), providing flexibility for subdivision or multi-unit planning. Great holding property with an existing decent sized 4-bedroom 2-bath home. Land Assembly of 4.9 acres available.
Location
Province BC
County Nanaimo, City Of
Community Na Uplands
Area Nanaimo
Zoning R1
Interior
Flooring Mixed
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Street Surface Paved
Garage No
Building
Lot Description Acreage, Central Location, Easy Access, Irregular Lot, Quiet Area, Serviced, Shopping Nearby, In Wooded Area
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
Others
Ownership Freehold
Nearby Locations
Vancouver Island Neighbourhoods
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