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Renanza Realty
For sale

565 Brechin Rd

Nanaimo, British Columbia

MLS® 1038617

$2,580,000

Status
Active
Property type
Vacant land
MLS® number
1038617
Bedrooms
Bathrooms
Year built

Listing description

This exceptional 1. 92-acre ocean-view property is one of the last significant undeveloped parcels in Nanaimo’s highly sought-after Brechin Hill neighbourhood — a rare opportunity in one of the city’s most established and desirable coastal communities. Ideally positioned near downtown Nanaimo, Departure Bay ferry and seaplane terminals, marinas, waterfront parks, and local shops and restaurants, the property captures sweeping views of Departure Bay, Newcastle Island, Newcastle Channel, and Nanaimo Harbour.

The gently sloping topography offers natural elevation changes that may support a broad range of future development possibilities, subject to required City of Nanaimo approvals. Extensive preliminary development work has already been explored for the site, with comprehensive supporting materials available to qualified buyers upon execution of a Confidentiality Agreement. Available materials include architectural concepts, engineering information, geotechnical and environmental studies, and additional technical reports.

The property may offer potential for subdivision or a variety of residential development forms through future rezoning and municipal approval processes. Buyers are encouraged to complete their own independent due diligence with the City of Nanaimo and qualified professionals regarding development potential, servicing capacity, and future use possibilities.

Property summary

MLS® number
1038617
Property type
Vacant Land
Title
Freehold
Land size
1.92 acres
Annual property taxes
$11,041.00
Parking
2 spaces
Days on market
110 days

Features & details

Lot features
Acreage, Central location, Southern exposure, See remarks, Other, Rectangular, Marine Oriented
View
City view, Mountain view, Ocean view

What would this home cost you?

Based on the $2,580,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$12,004 /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 Sutton Group-West Coast Realty (Nan), 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.