2379 BROWNS NANAIMO

Diver Lake neighbourhood of Nanaimo British Columbia Canada V9T 3L5
$1,775,000

2379 BROWNS NANAIMO

  • Price: $1,775,000
  • MLS Number: 1025313
  • Bathrooms: 1
  • Square Footage: 572 Sq Ft
  • Property Type: Single Family

2379 Brown’s Lane presents a rare multi-family development opportunity in a central Nanaimo location, with a Development Permit already approved for 21 family-oriented townhomes. The entitlement work is complete, offering a meaningful jump-start and significantly reduced development risk. The site is well positioned near schools, shopping, transit routes, employment centres, and healthcare services—key drivers of long-term end-user demand. The approved density and layout align with proven absorption trends for townhome product in the area. Construction timing allows a developer to build through the current market cycle with anticipated completion aligning with improved market conditions. An excellent opportunity for builders or investors seeking clarity, certainty, and a strategic path forward in a well-established neighbourhood.

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Listing Brokerage: Sutton Group-West Coast Realty (Nan)

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