Development-Ready Property with R14 Zoning & Strong Location Opportunity knocks at 680 Pine Street – a well-situated ¼ acre parcel in central Nanaimo with R14 zoning and rear alley access, making this an ideal site for redevelopment. The existing 3-bedroom, 1-bath home offers rental income while you plan. Add a carriage home, duplex, or explore multi-unit options under current zoning allowances. With strong demand for housing and proximity to Vancouver Island University, shopping, restaurants, and transit, this location provides both immediate rental appeal and excellent long-term upside. A strategic acquisition for the experienced investor.
Address
680 Pine St
List Price
$540,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Old City
Lot Size
10156 Sq. Ft.
Lot Size (Acres)
0.23 Ac.
MLS® Number
1005005
Listing Brokerage
REMAX Professionals
Postal Code
V9R 2C8
Tax Amount
$2,913.00
Tax Year
2025