For Sale: 5384 Colbourne Drive, Nanaimo, BC - REW
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$429,900
0 bd • 0 ba • sf • Land/Lot
5384 Colbourne Drive
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$429,900
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5384 Colbourne DriveNanaimo, BC, V9T 6M6

Uplands
  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

R5-zoned 10,000+ sq ft lot in North Uplands with clear duplex potential and long-term upside. Elevated site with established rock exposure offers a solid building base and natural separation from the street. Ideal for a side-by-side or up/down duplex design that fits today’s sub-$1M product target, while avoiding the added costs and timelines of multi-unit permitting. Located minutes to North Nanaimo amenities, schools, and transit. Servicing at the lot line (buyer to verify). A practical opportunity for builders focused on efficient construction, controlled costs, and achievable resale in a proven neighbourhood.
Listed by: Jeff King PREC*, Sutton Group-West Coast Realty (Nan)

Home facts and features

Price details
List Price
$429,900
Get Pre-Approved
Gross Taxes for 2025
$2,847
Home facts
Bedrooms
0
Full Bathrooms
0
Property Type
Land/Lot
Lot Size
10834 ft²
Title
Freehold
Features
Corner, Curb & Gutter, Easy Access, Family-oriented Neighbourhood
Community
Agent details
Primary Agent
Primary Broker
Sutton Group-West Coast Realty (Nan)
Listing details
Days on REW
41 Days
Property Views
32
MLS® Number
1033393
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

Uplands Park Elementary School
  • Public
  • K - 7
  • In Catchment
Wellington Secondary School
  • Public
  • 8 - 12
  • In Catchment
Dover Bay Secondary School
  • Public
  • 8 - 12
Hammond Bay Elementary School
  • Public
  • K - 7
Aspengrove 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
Jeff King PREC*
Phone:
(250) 751-4902
Cell:
250-751-4902
Office:
250-756-2112
Fax:
250-756-9144
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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.