RARE OPPORTUNITY! 2.35 Acre Parcel. INCREDIBLE LOCATION with REDEVELOPMENT POTENTIAL. Nestled in the sought after Rocky Point Neighbourhood on a quiet dead end street only a short walk to Keel Cove trails connecting to Neck Point Park and Sunset Beach. R1 zoning surrounded by R10 & R5 creating excellent potential for rezoning to multi-family. OCP: Suburban Neighbourhood - single-unit dwellings with/without secondary suites, Duplexes, Ground-oriented multi-unit dwellings including tri/fourplex, townhome, Up to 3 storeys. Buyer to verify redevelopment potential and measurements if important.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price, See Remarks
Listing General Location:
Na Hammond Bay, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
2.35 acre(s)0.95 hectare(s)
Taxes:
$3,681 /
2024
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal, To Lot
Sewer:
None
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
627000.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 2, DISTRICT LOT 51, WELLINGTON DISTRICT, PLAN 43905
Zoning:
R1
Occupancy:
Vacant
Utilities:
See Remarks
Lot Site Features:
Acreage, Cul-De-Sac, Easy Access, Marina Nearby, No Through Road, Park Setting, Private, Recreation Nearby, See Remarks
Data was last updated October 17, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
101
Avg list price:
$959,000
Min list price:
$23
Max list price:
$24,517,000
Avg days on market:
112
Min days on market:
3
Max days on market:
541
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.