555 Milton St Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R 2K9
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 981582
Annual Tax Amount $11,957
Tax Year 2024
Lot Size 0.680 Acres
Property Sub-Type Multi Family
Property Description
Seize this rare opportunity to acquire over half an acre of prime multifamily-zoned property in the thriving city of Nanaimo. As Vancouver Island continues to attract significant migration, demand for quality housing has never been higher. This property is perfectly positioned to capitalize on the influx of residents seeking the island's unmatched lifestyle.
Fully serviced and boasting zoning conducive to multifamily development, this lot offers a seamless path to building. With utilities already in place and straightforward city processes, it's ready to bring your vision to life—whether townhomes, apartments, or a mixed-use project (subject to city approval).
Located in a strategic neighborhood close to amenities, schools, and transit, this site ensures future residents will enjoy both convenience and community. With the ease of building and high demand in Nanaimo's hot rental market, this property is a smart investment for developers and investors alike.
Also under MLS981578
Location
Province BC
County Nanaimo, City Of
Area Na Old City
Zoning DT11
Exterior
Parking On Site 1
View Y/N Yes
View Other
Building
Lot Description Cleared,Level
Sewer Sewer To Lot
Water Municipal