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Listing by Austin Cope Colliers
$ 3,150,000
Est. payment /mo
Active
6084-6088 Metral Rd Nanaimo, BC V9T 2L6
1.61 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1024882
HOA Y/N No
Annual Tax Amount $12,616
Tax Year 2025
Lot Size 1.610 Acres
Acres 1.61
Property Sub-Type Unimproved Land
Property Description
Colliers is pleased to present the opportunity to acquire 6084 & 6088 Metral Drive, Nanaimo, B.C. (collectively, the “Property”), a zoned 1.61-acre multifamily development site located in one of Nanaimo's most active growth corridors. Strategically positioned along Metral Drive, the Property benefits from excellent visibility, a strong arterial connection to
the Nanaimo Parkway and Island Highway, and proximity to major commercial and retail hubs. With Residential Corridor
One (COR1) zoning in place, the Property has conceptual plans for a six-storey, 118-unit multifamily development with
underground parking, offering developers immediate scale and entitlement certainty.
Nanaimo continues to experience robust population and employment growth, with demand for purpose-built rental
housing significantly outpacing supply. This opportunity aligns with the City of Nanaimo's long-term planning objectives,
encouraging higher-density housing along transit-supported corridors.
the Nanaimo Parkway and Island Highway, and proximity to major commercial and retail hubs. With Residential Corridor
One (COR1) zoning in place, the Property has conceptual plans for a six-storey, 118-unit multifamily development with
underground parking, offering developers immediate scale and entitlement certainty.
Nanaimo continues to experience robust population and employment growth, with demand for purpose-built rental
housing significantly outpacing supply. This opportunity aligns with the City of Nanaimo's long-term planning objectives,
encouraging higher-density housing along transit-supported corridors.
Location
Province BC
County Nanaimo, City Of
Community Na Pleasant Valley
Area Nanaimo
Zoning COR1
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Street Surface Paved
Garage No
Others
Ownership Freehold
Nearby School & Business
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