For Sale: 352 Wesley Street, Nanaimo, BC - REW
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$1,950,000
0 bd • ba • sf • Land/Lot
352 Wesley Street
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$1,950,000
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352 Wesley StreetNanaimo, BC, V9R 2T6

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

About this home

352 Wesley Street and 341 Robson Street present a rare downtown development opportunity in the heart of Nanaimo's vibrant Old City Quarter. Offered together, these two separately titled DT2-zoned properties total approx. 20,522 sq.ft. and provide exceptional development potential for mixed-use, multi-family, office, retail, hospitality, and live/work projects. With a base FAR of 2.3 and 100% lot coverage, the site may accommodate approximately 47,200 sq.ft. of buildable floor area, with potential density incentives available through the City of Nanaimo (buyer to verify all). Ideally located on the Old City's most desirable Street, surrounded by popular restaurants and boutiques, this is one of Nanaimo's most sought-after urban investment locations. Both properties enjoy dual frontage on Wesley Street and Robson Street and are currently operating as fully leased (unpaved) parking lots, generating valuable holding income while future development plans are pursued. Price plus GST.
Listed by: Lee Robinson, Royal LePage Nanaimo Realty (NanisHwyN)

Home facts and features

Price details
List Price
$1,950,000
Get Pre-Approved
Gross Taxes for 2025
$36,225
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
60
Property Type
Land/Lot
Lot Size
20522 ft²
Title
Freehold
Features
Central Location, Cleared, Curb & Gutter, Easy Access, Sloping
Amenities
Shopping Nearby
Community
Agent details
Primary Agent
Primary Broker
Royal LePage Nanaimo Realty (NanisHwyN)
Listing details
Days on REW
39 Days
Property Views
16
MLS® Number
1040063
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

Fairview School
  • Public
  • Pre-K - 7
  • In Catchment
Nanaimo District Secondary School
  • Public
  • 8 - 12
  • 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
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Call Agent
Lee Robinson
Phone:
(250) 327-8988
Cell:
250-327-8988
Office:
250-758-7653
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.