For Sale: 3 Thetis Drive, Nanaimo, BC - REW
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$2,700,000
0 bd • 0 ba • sf • Land/Lot
3 Thetis Drive
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$2,700,000
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3 Thetis DriveNanaimo, BC, V9G 0A8

Departure Bay
  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

Eight and a half acres of residential development land in the Town of Ladysmith, forming the balance of the established Thetis Drive subdivision. Much of the heavy lifting is complete. A paved and curbed road runs into the site, the watercourse crossing is built, ditching and culverting is done, and full municipal services are available including water, sewer, storm drainage, hydro, natural gas, telephone and cable. The land was previously cleared, is lightly treed, and slopes gently west to east with a level central bench. A concept for the property contemplates approximately 24 lots of about 0.33 acres each, subject to Town approval. At that size, provincial Bill 44 legislation allows up to four dwelling units per lot, a density that is uncommon among the lots available today. Zoned R1. Minutes to the Trans Canada Highway, midway between Nanaimo and Duncan. Buyer to confirm zoning, density, servicing and lot yield with the Town of Ladysmith. Measurements approximate.
Listed by: John Surtees PREC*, eXp Realty (NA)

Home facts and features

Price details
List Price
$2,700,000
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Gross Taxes for 2025
$12,790
Home facts
Bedrooms
0
Full Bathrooms
0
Parking Spaces
10
Property Type
Land/Lot
Lot Size
8.5 acres
Title
Freehold
Features
Acreage, Near Golf Course, Quiet Area
Amenities
Marina Nearby, Recreation Nearby, Shopping Nearby
Community
Agent details
Primary Agent
Primary Broker
eXp Realty (NA)
Listing details
Days on REW
1 Day
MLS® Number
1047724
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

Cilaire Elementary School
  • Public
  • K - 7
  • In Catchment
Wellington Secondary School
  • Public
  • 8 - 12
  • In Catchment
Discover Montessori School
  • Independent
  • K
Quarterway School
  • Public
  • Pre-K - 7
Pauline Haarer Elementary School
  • Public
  • K - 7
Nanaimo Christian School
  • Independent
  • K - 12
The High School at VIU
  • Independent
  • 10 - 12
Hammond Bay Elementary School
  • Public
  • K - 7
John Barsby Community School
  • Public
  • 8 - 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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Call Agent
John Surtees PREC*
Phone:
(250) 751-1223
Cell:
250-713-7253
Office:
833-817-6506
Fax:
866-253-9200
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