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15 Front Street
  • Nanaimo, BC, V9R 5H9

  • 0 Bed
  • Bath
  • Land/Lot
$4,980,000
Estimate Payments
Listed by:
  • Selina Xia PREC*
    eXp Realty
    2 Recommendations
    Contact Me
This will be a new iconic building in Downtown Nanaimo by the water! The DT5 zoning allows various developments, including hotel, condo, and mixed commercial and residential use. The floor area ratio is 3.3, the lot coverage ratio is 100%, and the maximum height allowed is 19.8m. No parking required for a hotel building at this location. The city has indicated the potential to increase density and height. A plan for a proposed 89 room hotel was approved for building permit, and many other options are waiting. The Seller is open for a joint venture with a qualified buyer.

Property Details

Price Details

List Price $4,980,000
Gross Taxes for 2019 $0

Home Facts

Bedrooms 0
Bathrooms
Property Type Land/Lot
Lot Size 12600 ft²
Frontage 126 feet
Title Freehold
Features Central Location, Cleared, Corner, Easy Access, Level, Serviced
Amenities Marina Nearby, Shopping Nearby
Community Old City

Agent Details

Primary Agent Selina Xia PREC*
Primary Broker eXp Realty

Listing Details

Days on REW 472 Days
Property Views 1357
MLS® Number 852204
Source Victoria and Vancouver Island MLS

Mortgage Calculator

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  • %
Amort.
25 Years
Interest Rate
1.35 %

Today's Mortgage Rates

  • 1.35%
  • /mo
  • 5 Year
Dominion Lending Centres
  • 1.99%
  • /mo
  • 2 Year
Dominion Lending Centres
  • 2.09%
  • /mo
  • 1 Year
Dominion Lending Centres
  • 2.24%
  • /mo
  • 3 Year
Dominion Lending Centres
  • 2.29%
  • /mo
  • 5 Year
Dominion Lending Centres
  • 2.84%
  • /mo
  • 7 Year
Dominion Lending Centres
  • 3.14%
  • /mo
  • 10 Year
Dominion Lending Centres

Advertised rates are not guaranteed and the rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Fairview School
  • Public
  • Pre-K - 7
  • In Catchment
Nanaimo District Secondary School
  • Public
  • 8 - 12
  • In Catchment
Pauline Haarer Elementary School
  • Public
  • K - 7
Discover Montessori School
  • Independent
  • K
The High School at VIU
  • Independent
  • 10 - 12
John Barsby Community School
  • Public
  • 8 - 12
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

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MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate. Listing data was last updated on 2021-12-02.