223 Victoria Rd Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R 4P7
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 988729
Rental Info Unrestricted
Annual Tax Amount $1,809
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Unimproved Land
Property Description
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
Location
Province BC
County Nanaimo, City Of
Area Na Old City
Exterior
Parking On Site 1
Others
Tax ID 008-823-031
Ownership Freehold