550 Pythian Lane Nanaimo, British Columbia V9S 1A9
$532,000
An exceptional development opportunity in the heart of Nanaimo. Two adjacent, generously sized lots offering incredible potential for your next residential development project. Situated in a quiet, established area of Central Nanaimo, these properties offer southern exposure, city views, and a location poised for continued growth. PROPERTY HIGHLIGHTS • Two adjoining 9,585 sq. ft. lots • Combined lot size of approximately 19,170 sq. ft. • Southern exposure with views overlooking Nanaimo’s City Centre • Level, rectangular lots with redevelopment potential • R5 zoning — potential for small-scale multi-family development, subject to City approvals • Convenient access to downtown Nanaimo, parks, shopping, and amenities Whether you're envisioning a custom single-family residence or exploring a multi-family development opportunity, 530 & 550 Pythian Lane offer a unique opportunity to invest in Nanaimo's evolving urban landscape. (id:59709)
Property Details
| MLS® Number | 1021308 |
| Property Type | Vacant Land |
| Neigbourhood | Central Nanaimo |
| Features | Central Location, Cul-de-sac, Level Lot, Southern Exposure, Partially Cleared, Other |
| Parking Space Total | 3 |
| View Type | City View |
Building
Land
| Acreage | No |
| Size Irregular | 9585 |
| Size Total | 9585 Sqft |
| Size Total Text | 9585 Sqft |
| Zoning Description | R5 |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/29145468/550-pythian-lane-nanaimo-central-nanaimo
Contact Us
Contact us for more information
Randall Taylor
Personal Real Estate Corporation
(250) 381-7803
4243 Glanford Ave
Victoria, British Columbia V8Z 4B9
(250) 381-2265
(250) 381-7803
www.naivictoria.ca/
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November 13 2026 07:04:35
Victoria Real Estate Board
Nai Commercial (Victoria) Inc.