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 islandâs 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, itâs ready to bring your vision to lifeâwhether 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 Nanaimoâs hot rental market, this property is a smart investment for developers and investors alike. Act nowâopportunities like this donât last! Adjacent 555 Milton also for sale. (id:27476)
