About 1015 Park Ave
Prime 4.74-acre multi-family development opportunity in South Nanaimo, located within a rapidly growing neighbourhood surrounded by newer residential construction. Zoned R10 with a Suburban Neighbourhood OCP designation, the property offers attractive territorial views and strong potential for a variety of ground-oriented residential development concepts. City staff have confirmed a maximum permitted density of up to 23 dwelling units under the existing zoning, based on the surveyed developable area. The OCP supports low-rise residential forms including single-family homes, duplexes, tri-plexes, four-plexes, and townhomes, subject to City approvals. A previously approved 14-unit development permit demonstrates established development viability, while updated topographical information indicates a larger developable area than previously identified. Technical reports and supporting materials are available to qualified buyers. Buyers should verify servicing and development possibilities.
Features of 1015 Park Ave
| MLS® # | 1037845 |
|---|---|
| Price | $2,380,000 |
| Acres | 4.74 |
| Type | Commercial Sale |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 1015 Park Ave |
|---|---|
| Area | Na South Nanaimo |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9R 4J5 |
Amenities
| View | City, Mountain(s) |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | May 22nd, 2026 |
|---|---|
| Days on Market | 111 |
| Zoning | R10 |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|