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Royal LePage
Royal LePage
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$2,145,000

Nanaimo BC, V9T 2V6

MLS® # 1021663

Property Information:

This exceptional 1.6-acre (6,475 m² / 69,696 sq ft) development opportunity is located on a quiet road in Nanaimo’s desirable Uplands neighbourhood, a community known for its natural beauty & predominantly single-family homes. Zoned R1 (Single Dwelling Residential), the property supports low-density residential development with minimum lot sizes of 500 m² (5,382 sq ft) for standard single-family lots or 450 m² (4,844 sq ft) for lane-access parcels. Under the OCP, the property is designated “Suburban Neighbourhood” an area oriented toward low-rise residential development with a target density of 25 units per hectare. Typical supported building forms include single-family homes, duplexes, triplexes, fourplexes & townhomes. The property offers approx. 37 m (121 ft) of frontage and an average depth of 135 m (444 ft), providing excellent flexibility for subdivision or multi-unit planning. Existing on the property is a 3-bedroom, 1-bath home.

Property Features:

  • Annual Tax Amount: $6,094
  • Construction Materials: Frame Wood, Vinyl Siding
  • Floor Space (approx): 1984 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Lot Features: Acreage, Easy Access, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, In Wooded Area
  • Lot Frontage: 69696 Square Feet
  • Lot Size: 1.60 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: R-1
  • Sewer:

Courtesy of: REMAX Professionals (NA), eXp Realty (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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⚠ Potential Investment Performance

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Location of 3375 Opal Rd, Nanaimo, BC, V9T 2V6

Demographic Information of 3375 Opal Rd, Nanaimo, BC, V9T 2V6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$107,777.88

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.67 %

High school certificate or equivalent

34.35 %

Apprenticeship trade certificate/diploma

10.57 %

College/non-university certificate

18.05 %

University certificate (below bachelor)

2.32 %

University Degree

17.04 %

Commuter

Travel To Work

By Car

91.27 %

By Public Transit

4.42 %

By Walking

2.45 %

By Bicycle

0.24 %

By Other Methods

1.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.73 %

Houses

89.27 %

Own Vs. Rent

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