Description
Development site in the heart of Pleasant Valley: an 18,000 sq ft (0.41 acre) R5-zoned lot with municipal water and sewer already connected. Under Nanaimo's small-scale multi-unit housing zoning, R5 allows up to four dwelling units on a lot this size, from a fourplex or triplex to two detached homes with suites, with no maximum floor area ratio. The extra-deep lot steps down from the road beneath mature trees, suiting a terraced or walk-out design, or one substantial new home with a large private yard. A three-bedroom manufactured home sits on the site today; the value here is in the land. Quiet ridge road close to shopping, transit and the Nanaimo Parkway. Ideal for developers planning a fourplex, triplex or duplex; individuals with a dream of designing and building their own home; or buyers seeking an affordable entry onto a large lot with the option to build later. Buyer to verify zoning with the City of Nanaimo. Measurement is approximate.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1047925 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Pleasant Valley |
| Postal Code | V9T 2K3 |
| Property Taxes | $4,235.00 (2025) |
| Garage Spaces | 1 |
| Parking Total | 1 |
| Zoning | R5 |
| Facing | Northeast |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Baseboard,Electric,Heat Pump |
| Cooling | Air Conditioning |
| Construction | Frame Metal,Other |
| Roof | Other |
| Foundation | Other |
| Basement | Other |
| Laundry | In House |
| Listed Date | Sep 3, 2026 |
| Ownership | Freehold |
| Lot Size | 0.41 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 4-Piece | |
| Bathroom | Main level | 1-Piece | |
| Bedroom | Main level | 11\'5 x 5\'1 | |
| Bedroom | Main level | 11\'5 x 7\'6 | |
| Ensuite | Main level | 4-Piece | |
| Entrance | Main level | 12\'8 x 11\'1 | |
| Kitchen | Main level | 11\'5 x 11\'2 | |
| Laundry room | Main level | 8\'5 x 5\'1 | |
| Living room | Main level | 12\'8 x 11\'4 | |
| Living room | Main level | 15\'8 x 11\'1 | |
| Other | Main level | 7\'8 x 7\'7 | |
| Primary Bedroom | Main level | 12\'11 x 11\'5 | |
| Sunroom | Main level | Measurements not available x 91 ft |
Building Details
| Heating | Baseboard heaters, Heat Pump |
| Heating Fuel | Electric |
| Stories | -1 |
Additional Information
| Land Size | 18000 sqft |
| Land Access | Road access |
| Building Type | House |
| Interior Size | 1301 sqft |
| Transaction | For sale |