For Sale: 447,449&455 Nicol Street, Nanaimo, BC - REW
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$1,250,000
0 bd • ba • sf • Land/Lot
447,449&455 Nicol Street
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$1,250,000
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447,449&455 Nicol StreetNanaimo, BC, V9R 4T5

South Nanaimo
  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

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.
Listed by: Adam Sandhu, Sotheby's International Realty Canada, Victoria - Downtown

Home facts and features

Price details
List Price
$1,250,000
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Gross Taxes for 2025
$5,007
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
17424 ft²
Title
Freehold
Community
Agent details
Primary Agent
Primary Broker
Sotheby's International Realty Canada, Victoria - Downtown
Secondary Agent
Secondary Broker
Sotheby's International Realty Canada, Victoria - Downtown
Listing details
Days on REW
34 Days
Property Views
29
MLS® Number
1036107
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Bayview School
  • Public
  • Pre-K - 7
  • In Catchment
John Barsby Community School
  • Public
  • 8 - 12
Pauline Haarer Elementary School
  • Public
  • K - 7
The High School at VIU
  • Independent
  • 10 - 12
Discover Montessori School
  • Independent
  • K
Quarterway School
  • Public
  • Pre-K - 7
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Call Agent
Adam Sandhu
Phone:
250-710-2277
Cell:
250-710-2277
Brian Danyliw PREC*
Phone:
250-710-6844
Cell:
250-710-6844
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