575 Milton St, Nanaimo, BC, V9R 2K9
$699,000MLS® # 981586
House For Sale In City Center/Protection Island, Nanaimo, British Columbia
Property Information:
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 island’s 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, it’s ready to bring your vision to life—whether 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 Nanaimo’s hot rental market, this property is a smart investment for developers and investors alike. Adjacent 555 Milton ava
Property Features:
- Annual Tax Amount: $8,783
- Building Features: Shopping Nearby, Transit Nearby
- Lot Features: Cleared, Corner Lot, Level
- Lot Frontage: 27878 Square Feet
- Lot Size: 0.64 Acres
- Ownership: Freehold
- Parking Features: On Site
- Property Sub Type: Mixed Use
- Zoning: DT11
- No. of Parking Spaces: 0
Courtesy of: Sutton Group-West Coast Realty (Nan)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.