For Sale: 550 Pythian Lane, Nanaimo, BC - REW
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$532,000
0 bd ba sf Land/Lot

550 Pythian LaneNanaimo, BC, V9S 1A9

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

About this home

Sold at land value only. Large 9,585 square foot lot with southern exposure, overlooking the City Centre. The land is ready for redevelopment for an impressive single-family home or can be developed for multifamily use under the existing zoning. The immediate area is being renewed with larger, modern residential development. Lot area is 67.5 sq ft by 142 sq ft. The adjacent lot at 530 Pythian Lane is also available for purchase. The two lots are matching in area, rectangular shape, and access, with each providing 9,585 square feet of development land (total of 19,170 square feet).
Listed by: Randall Taylor PREC*, NAI Commercial (Victoria) Inc.

Home facts and features

Price details
List Price
Gross Taxes for 2025
$3,489
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
3
Property Type
Land/Lot
Lot Size
9585 ft²
Title
Freehold
Features
Central Location, Cleared, Cul-de-Sac, Level, Rectangular Lot, Serviced, Southern Exposure
Amenities
Recreation Nearby
Community
Agent details
Primary Agent
Primary Broker
NAI Commercial (Victoria) Inc.
Listing details
Days on REW
188 Days
Property Views
83
MLS® Number
1021412
Source
Victoria and Vancouver Island MLS
Board
Victoria 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

Brechin Elementary School
  • Public
  • 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
Quarterway School
  • Public
  • Pre-K - 7
The High School at VIU
  • Independent
  • 10 - 12
John Barsby Community School
  • Public
  • 8 - 12
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
Sales History data is from public records.
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-03.