For Sale: 223 Victoria Road, Nanaimo, BC - REW
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$375,000
0 bd 0 ba sf Land/Lot

223 Victoria RoadNanaimo, BC, V9R 4P7

Old City
  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

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
Listed by: Kelly Whitton PREC*, Real Broker

Home facts and features

Price details
List Price
Gross Taxes for 2025
$0
Home facts
Bedrooms
0
Full Bathrooms
0
Parking Spaces
1
Property Type
Land/Lot
Lot Size
4760 ft²
Frontage
33 feet
Title
Freehold
Community
Agent details
Primary Agent
Primary Broker
Real Broker
Listing details
Days on REW
143 Days
Property Views
70
MLS® Number
1023350
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Bayview School
  • Public
  • Pre-K - 7
  • In Catchment
Pauline Haarer Elementary School
  • Public
  • K - 7
John Barsby Community School
  • Public
  • 8 - 12
The High School at VIU
  • Independent
  • 10 - 12
Discover Montessori School
  • Independent
  • K
Quarterway School
  • Public
  • Pre-K - 7
Nanaimo Christian School
  • Independent
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Sales History data is from public records.
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-06.