555 Milton St Nanaimo, BC V9R 2K9
Listing Courtesy of: VIVA / Sutton Group-West Coast Realty (nan)

  555 Milton St Nanaimo, BC V9R 2K9

Active (168 Days)
$725,000
0.67
ACRES
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Description

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.
Also under mls#981582

MLS®:
981578
Taxes
$11,957(2024)
Lot Size
0.67 acres
Type
Land
County
Nanaimo

Listed By

Nita Sihota, Sutton Group-West Coast Realty (nan)
Source
VIVA
Last checked May 19 2025 at 10:31 AM PDT
Bathroom Details
Lot Information
  • Recreation Nearby
Utility Information
  • Sewer: Sewer to Lot
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Disclaimer: Copyright 2025 Victoria Real Estate Board. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/19/25 03:31

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