$399,000
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450 B Irwin St, Nanaimo

Nanaimo, BC V9R 4X2
MLS® 996514
300
Days on Market

Description

Approved Development Opportunity10 residential+2 Commercial Units. Located in vibrant South Nanaimo,450 & 460 Irwin Street offer a rare and ready-to-go development opportunity.Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future.The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the floor plans are up to 1000 sq/ft.The innovative design ensures appropriate parking for residents and supports much-needed "missing middle" housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes.This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing.Measurements approximate to be verified

Property Details

Property Type Commercial Sale
Property Sub Type Unimproved Land
Listing ID 996514
Status Active
City Nanaimo
Area Nanaimo
Sub-Area Na South Nanaimo
Postal Code V9R 4X2
Property Taxes $0.00 (2024)
Zoning CC2
Water To Lot
Sewer Sewer To Lot
Listed Date Apr 26, 2025
Ownership Freehold
Lot Size 0.14 acres

Building Details

Stories -1

Additional Information

Features Central location, Level lot, Southern exposure, Corner Site, See remarks, Partially cleared, Other, Rectangular, Marine Oriented
View Mountain view, Ocean view
Land Size 6204 sqft
Transaction For sale

Location