$2,680,000
0 bd ba sf Land/Lot
565 Brechin Road
Street ViewDirections

565 Brechin RoadNanaimo, BC, V9S 2X1

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

About this home

This 1.92-acre Oceanview development property in Brechin Hill boasts scenic views of Departure Bay, Newcastle Channel, and Nanaimo Harbour. The City of Nanaimo is open to various rezoning and development options, including a proposed 47-unit development with 15 townhouses and 32-unit apartment building or a previous plan for 24 luxury townhomes with/without suites. Alternatively, subdivide into 10-12 Oceanview lots for single-family homes, duplexes, or multiplexes, subject to city approval. And the Citywide Parking Review is expected to ease parking requirements. Flexible development options allow phased construction of townhouses/ residential lots based on market conditions or financing or leverage attractive CMHC rates for rental apartment construction. Architectural, geotechnical, environmental, and other reports are available to serious buyers. The Buyer must independently verify all property details and development potential through the City of Nanaimo or qualified professionals.
Listed by: Mike Phillips PREC*, Sutton Group-West Coast Realty (Nan)

Home facts and features

Price details
List Price
Gross Taxes for 2024
$10,252
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
1.92 acres
Title
Freehold
Features
Acreage, Central Location, Easy Access, Family-oriented Neighbourhood, Rectangular Lot, See Remarks, Southern Exposure
Amenities
Marina Nearby, Recreation Nearby, Shopping Nearby
Community
Agent details
Primary Agent
Primary Broker
Sutton Group-West Coast Realty (Nan)
Listing details
Days on REW
85 Days
Property Views
161
MLS® Number
1009039
Source
Victoria and Vancouver Island MLS

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
4.09%

Connect with our mortgage partner

Glenn Jorgensen

Glenn Jorgensen

Modern Mortgage Group

No Fees, Great Rates - 15 minutes with us, could save you thousands.

Connect with a mortgage expert

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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
John Barsby Community School
  • Public
  • 8 - 12
Hammond Bay Elementary School
  • Public
  • K - 7
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
Assessment data is from public records.
Sales History data is from public records.
MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate.Listing data was last updated on 2025-10-24.