Skip to content
Renanza Realty
For sale

5320 Dewar Rd

Nanaimo, British Columbia

MLS® 1049004

$999,800

Status
Active
Property type
Vacant land
MLS® number
1049004
Bedrooms
0
Bathrooms
0
Year built

Listing description

Rare Ocean View Development Opportunity in North Nanaimo! Perched high in the prestigious Ocean View Terrace neighbourhood, this exceptional 13,454 sq ft lot offers breathtaking panoramic views of the Salish Sea, stretching from Downtown Vancouver and the Coastal Mountains to the Sunshine Coast. Enjoy stunning sunsets over the Winchelsea Islands and ever-changing ocean scenery from your future dream home.

This expansive property also presents excellent subdivision potential, with the possibility to create two or more building lots (buyer to verify with the City of Nanaimo), making it an attractive opportunity for builders, developers, or investors. Located in one of North Nanaimo’s most desirable neighbourhoods, just minutes to top-rated schools, shopping, restaurants, beaches, parks, and recreation. A rare chance to secure a premium ocean-view property with development potential in a highly sought-after location.

Price plus GST. All measurements are approximate and should be verified if important.

Property summary

MLS® number
1049004
Property type
Vacant Land
Title
Freehold
Land size
13454 square feet
Annual property taxes
$6,053.00
Parking
4 spaces
Days on market
7 days

What would this home cost you?

Based on the $999,800 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,652 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMAX Professionals (NA), Nanaimo.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.