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447,449&455 Nicol St
South Nanaimo Nanaimo V9R 4T5

$1,250,000
Vacant Land

Main Photo: 447,449&455 Nicol St in Nanaimo: Vacant Land for sale : MLS®# 1036107
Photo 1: 447,449&455 Nicol St in Nanaimo: Vacant Land for sale : MLS®# 1036107
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Photo 6: 447,449&455 Nicol St in Nanaimo: Vacant Land for sale : MLS®# 1036107
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Status:
Active
Prop. Type:
Vacant Land
MLS® Num:
1036107
For sale: 427, 449 & 455 Nicol Street, Nanaimo, B.C. (the ''Subject Site'') — a compelling opportunity to acquire a Development Permit-ready multifamily site in one of Nanaimo's most rapidly transforming neighbourhoods. The Subject Site comprises three contiguous lots totaling 17,692 SF (0.41 acres) with 160+ feet of frontage on Nicol Street. Zoned COR3 Community Corridor, the plans designed by Stantec Architecture for a 4-storey, 35-unit purpose-built rental building. The unit mix comprises 8 micro-studios, 15 one-bedroom units, and 12 two-bedroom units. The Subject Site is a five-minute drive to downtown Nanaimo, Port Place Mall, and the Harbourfront Walkway, and ten minutes to Vancouver Island University and BC Ferries terminals. (id:2493)
Property Type:
Vacant Land
Common Interest:
Freehold
Zoning:
Unknown
Taxes:
$5,006.96 / -
Community:
South Nanaimo
View:
Ocean view
Fireplace:
No
Lot Size:
17,424 sq. ft.
Lot Details:
17424
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Listed by Sotheby's International Realty Canada (Vic2)
Data was last updated June 12, 2026 at 10:15 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$269,000
Min list price:
$269,000
Max list price:
$2,380,000
Avg days on market:
143
Min days on market:
21
Max days on market:
486
These statistics are generated based on the current listing's property type and located in South Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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