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510 Vancouver Ave, NANAIMO
2026-02-08
Quick Summary
MLS®#1025259
Property Description
Seldom available opportunity in Brechin Hill. This gently sloping approximately 4,400 sq ft lot is located in one of Nanaimo’s most character-rich and established neighbourhoods, just up from the ocean. Set on a quiet street surrounded by heritage and character homes, the property offers a settled, finished feel that is increasingly hard to find. Its slightly elevated position from the waterfront provides improved natural light, added privacy, and the potential for ocean views depending on build design. The gentle slope creates flexibility for thoughtful architectural planning and creative use of space. The location is exceptional. Enjoy close proximity to the Nanaimo Yacht Club, the waterfront walkway, Departure Bay ferry terminal, downtown Nanaimo, Bowen Park, and public transit—all within easy walking distance—while the street itself remains calm and residential. This property is well suited for a custom single-family residence and may also offer future consideration for multi-unit or small-scale residential development, subject to zoning, City of Nanaimo approvals, and buyer due diligence. Opportunities with this combination of location, elevation, walkability, and flexibility are seldom available in such an established, waterfront-adjacent neighbourhood. An excellent option for those looking to build now or explore longer-term development potential in one of Nanaimo’s most desirable areas. All measurements are approximate and should be verified if important. (id:32467)
Property Features
Building
- Fireplace: No
Features
- Feature: Central location, Other, Marine Oriented
Land
- Land Size: 4488 sqft
Ownership
- Type: Freehold
Information entered by REMAX Professionals (NA)
Listing information last updated on: 2026-02-09 00:42:17
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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Joe Squire REALTOR ® MBA
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