BC > Nanaimo
Nanaimo, BC V9R 4P7,223 Victoria Rd
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Nanaimo, BC V9R 4P7,223 Victoria Rd
Nanaimo, BC V9R 4P7,223 Victoria Rd
Nanaimo, BC V9R 4P7,223 Victoria Rd
Nanaimo, BC V9R 4P7,223 Victoria Rd
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Dustin Miller

Dustin Miller

+1(778) 678-9815
$ 449,000
Est. payment /mo
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Price Dropped by $76K

223 Victoria Rd Nanaimo, BC V9R 4P7

4,791 Sqft Lot

UPDATED:

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

Pets Allowed Yes

Tax ID 008-823-031

Ownership Freehold

Listed by RE/MAX of Nanaimo
agent

Dustin Miller

Broker | License ID: 166888

+1(778) 678-9815

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