Nanaimo, British Columbia

This centrally located property in the heart of Nanaimo offers an exceptional opportunity for small to mid-scale developers looking to enter or expand within the multi-family market. Currently operating as a single-family residence with consistent rental revenue, the true value lies in the development potential already unlocked. The City of Nanaimo has approved a development permit for a well-designed fourplex consisting of four three-bedroom units, each with family-oriented floorplans and private exterior balconies. Notably, two of the units will feature limited ocean views. Designed with both community and privacy in mind, each unit features a townhouse-style entry with its own exterior door. This layout not only enhances curb appeal but fosters a sense of individual identity and ownership while still creating a cohesive community atmosphere—an increasingly desirable feature among modern homebuyers. This project is a rare find in the Nanaimo market, where new three-bedroom units are in short supply. The design directly addresses the growing demand for attainable housing by providing family-sized units that can serve both the end-user homeowner and the long-term investor. The development fulfills all City parking requirements and has been thoughtfully conceived as a missing middle solution—offering practical density without compromising livability or neighborhood character. With the Development Permit in place and a well-positioned floorplan design in a supply-constrained market, this is a strong candidate for a build-to-sell or build-to-hold strategy. Measurements Approx. Verify if important. (id:59709)

Real Broker

Nanaimo, British Columbia

Approved Development Opportunity – South Nanaimo 10 Townhouse like condos + 2 Commercial Units. Located in vibrant South Nanaimo, 450 & 460 Irwin Street offer a rare and ready-to-go development opportunity. Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future. The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the layout includes Unit 1: 1,000 sf + balcony (2 bedrooms), Unit 2: 758 sf + balcony (1 bedroom), Unit 3: 485 sf (1 bedroom), Unit 4: 660 sf + balcony, Unit 5: 660 sq ft + balcony + commercial space. The innovative design ensures appropriate parking for residents and supports much-needed ''missing middle'' housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes. This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing. (id:59709)

Real Broker

Nanaimo, British Columbia

223 Victoria Road presents a rare and highly strategic multi-family development opportunity in Nanaimo. Unlike the large-scale multi-family projects that dominate the market and require substantial working capital, this approved four-unit townhouse-style complex offers a more accessible entry point for builders while maintaining strong investment potential. The property is ideally situated within walking distance of downtown and central shopping, ensuring long-term desirability. This project features a unique mix of residential and live-work spaces. The standout unit is a rare live-work design with a 521 sq. ft. ground-floor office space that connects via an internal staircase to a two-bedroom, 774 sq. ft. residential unit above. The second level also has a separate exterior entrance, maximizing functionality and rental appeal. The remaining three units are well-designed two-bedroom residences of approximately 820 sq. ft., each with a private outdoor deck and townhouse-style exterior access. A key highlight of this development is the shared rooftop deck, offering exceptional ocean views of Nanaimo Harbour. With a total project size of 4,728 sq. ft., this development strikes the perfect balance between financial feasibility and high-quality urban living. The approved plans allow for an efficient and profitable build, making it an ideal opportunity for both small and mid-sized developers. 223 Victoria Road is a rare chance to bring a modern, adaptable multi-family project to market in a prime location. With approvals in place and a compelling design, this is a project that stands out in Nanaimo’s evolving real estate landscape. Serious inquiries are welcome. (id:59709)

Real Broker

Nanaimo, British Columbia

Prime Development Opportunity in Nanaimo This exceptional nearly one-acre (.98) vacant lot presents an unparalleled opportunity for discerning builders and land developers. Situated in a thriving family-oriented community and directly across from an Elementary School, this property is currently zoned R5, offering extensive possibilities for multi-family new construction. With the city’s favorable stance towards higher density (subject to approval), this is an ideal location for innovative development. Seize this chance to contribute to the growth of Nanaimo while creating a legacy in a sought-after neighborhood. (id:59709)

Real Broker

Nanaimo, British Columbia

This prime building lot with alley access is located in one of Nanaimo’s most desirable areas – the historic Old City Quarter. Zoned R14 with no need for rezoning, this property is ready for your next project! Whether you’re building single family with investment suite, a couple of duplexes, or even a 4 plex this lot offers incredible return potential. Surrounded by charming heritage character and growing community amenities, it’s a rare opportunity to capitalize on Nanaimo’s thriving market. Don’t miss out bring your plans and make this development-ready lot yours today! All measurements approximate. (id:59709)

Real Broker

Nanaimo, British Columbia

These two building lots are well priced ideally for a buyer to develop into two residential homes - level entry designs with walkout basements. The property currently is unserviced with Cedar Improvement District water located on the lane east of this location (approx. 360') to closest home on the lane. The property has frontage on both Sanford and the lane, both dedicated roads which are not constructed to the property's edge at this time. Neighbouring newer homes' driveway accesses are on the lane off Elm. Each lot is approximately 60'x172' (approx. 10,320 sf or .24 acre) with a grade from the lane down to Sanford Road - this facilitate a gravity sewage treatment design. With a full tree canopy, some timber may be harvestable from the sites. The location in Cedar is excellent as you are close to the local shopping shopping center with Country Grocer, Coco Cafe, and Mahle House Restaurant. Proximity to Nanaimo, BC Ferries at Duke Point are among many additional features. (id:59709)

RE/MAX Professionals (Na)

Campbell River, British Columbia

An exceptional walk-on waterfront property offering the ultimate coastal lifestyle — peaceful, private, and perfectly situated off the highway. Properties like this are becoming increasingly rare; they’re simply not making waterfront anymore, and this one is truly special. This isn’t just a lot — it’s a lifestyle. Build your dream home right by the ocean and wake up to breathtaking views of the water, the islands, and the wildlife that make this coastline so unique. On clear nights, watch the moon reflect across the calm waves, or take your kayak out from your own beachfront and enjoy the quiet beauty of nature all around you. Each day brings a new scene — eagles overhead, seals playing in the surf, and ever-changing ocean colours that never fail to inspire. The property’s off-highway location adds a sense of serenity, making it an ideal spot for those seeking a peaceful retreat with direct ocean access. There’s something truly special about this stretch of coastline: the sound of the water, the fresh sea air, and the feeling of calm it brings. If you’ve been dreaming of owning a true piece of oceanfront paradise, this is your chance. Don’t miss this remarkable opportunity to create your own coastal haven — a place to live, relax, and enjoy the simple beauty of life by the sea. Call Kim Rollins eXp 250.203.5144 or kim@kimrollins.ca (id:59709)

Exp Realty (Cr)

View Royal, British Columbia

DEVELOPMENT OPPORTUNITY! Located in the heart of View Royal on a beautiful corner lot, this property offers incredible potential for investors, developers, or first-time buyers ready to make it their own. The main level features two bedrooms, a cozy living room, and a kitchen brimming with character. Downstairs offers a third bedroom, laundry, and plenty of unfinished space—perfect for a workshop or storage. The yard is a true highlight, filled with fruit trees, lush gardens, and generous space for entertaining. Just steps from the Galloping Goose Trail, a short walk to Eagle Creek Village, and minutes to Victoria General Hospital, this location combines convenience, charm, and endless possibilities (id:59709)

RE/MAX Camosun

Duncan, British Columbia

Incredible 1.0 acre development property backing onto $1.5 Billion Cowichan District Hospital & located within the Bell McKinnon Local Area Plan which designates the entire Property as ''Residential Med (RM)'' promoting 2-3 storey townhouses and duplex/triplex development. The future RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided parking requirements are met. North Cowichan is planning for a sewer connection as some point in the near future which (after connection and removal of current septic field) could make the 1 acre plot sub-dividable. Current 3 bed 2 bath home is 2216 square feet and renovated. Buy now for potential development, invest in a rental and future development profits, or purchase an exquisitely maintained home that could possibly be sub divided for both rental and or living as well as development potential. Interior photos on request. Buyers to do their own due diligence about subdivision and development. (id:59709)

Royal LePage Duncan Realty

Ucluelet, British Columbia

Attention investors, entrepreneurs, and developers—secure a prime commercial property moments from the heart of Ucluelet’s Village Square. This 90 x 90 ft cleared lot offers outstanding development potential in one of Vancouver Island’s premier coastal destinations. Close to popular shops, restaurants, the Ucluelet Aquarium and Whiskey Dock, the CS-1 zoning supports a variety of uses, including mixed-use commercial/residential, boutique hotel, retail, restaurant, office, and more. Potential inlet and mountain views from a second storey add further value and design appeal. With continued growth in Ucluelet’s tourism market and proximity to Pacific Rim National Park Reserve, this is a rare opportunity to develop in a central, high-demand location. Information package available upon request. (id:59709)

460 Realty Inc. (Uc)

Ucluelet, British Columbia

Attention investors, entrepreneurs, and visionaries-this is a rare opportunity to create a true live/work lifestyle in the heart of Ucluelet. Located moments from Village Square, this 90 x 90 ft cleared lot is zoned CS-1 Village Square Commercial, allowing for mixed commercial/residential development in one of Vancouver Island's most desirable coastal communities. Build your business at street level while enjoying residential living above or alongside - ideal for owner-operators, boutique retail, cafes, offices, studios, or tourism-based ventures. The flexible zoning supports a wide variety of uses including mixed-use commercial/residential, restaurant, retail, office, personal services, tourist accommodations, art gallery, studio, and more. The property also offers potential inlet and mountain views from a second storey, adding exceptional design and lifestyle appeal. Positioned near local shops, restaurants, the Ucluelet Aquarium, Whiskey Dock, and Pacific Rim National Park Reserve, this property combines business opportunity with West Coast living in a thriving tourism market. Information package available upon request (id:59709)

460 Realty Inc. (Uc)

Cowichan Bay, British Columbia

Build your dream home on this spectacular fully serviced ¼-acre view lot in the heart of Cowichan Bay. Offering breathtaking ocean and mountain vistas, this rare property is one of the last remaining undeveloped view lots in the area. Ideally situated in a sought-after neighbourhood, you'll enjoy easy access to fantastic off-road walking and cycling trails connecting you to the unique shops, marinas, cafés and restaurants of Cowichan Bay, as well as nearby Cross Road shopping and everyday amenities. The property benefits from access via both Vee Road and a quiet cul de sac off Galdwell Road, providing excellent flexibility for home design and access. Zoning permits a legal suite, creating an opportunity for extended family living or additional rental income. A rare chance to secure a premium building lot in one of the Cowichan Valley's most desirable communities (id:59709)

D.f.h. Real Estate Ltd. (Cwnby)