840 Victoria Rd, NANAIMO

2026-08-09

840 Victoria Rd, NANAIMO, British Columbia

4 Garage

For Sale Vacant Land

$395,900

MLS®#1044493

**Builders & Investors Alert!** Exceptional development opportunity in the heart of South Nanaimo. This flat 50' x 120' lot offers laneway access, full municipal services to the lot line, and is zoned **R5**, providing outstanding flexibility under current BC housing legislation. Potential exists to build up to **four residential units**, including options for two single-family homes with suites, duplex-style development, or the addition of a coach or carriage home, subject to municipal approvals. Whether you're a builder, investor, or planning your own custom home with future income potential, this property offers outstanding value in one of Nanaimo's fastest-growing neighbourhoods. The level lot enjoys excellent sun exposure, partial fencing, and convenient access from both Victoria Road and the rear lane, creating flexibility for parking and future site design. Ideally positioned just minutes from schools, parks, walking trails, shopping centres, restaurants, downtown Nanaimo, and all of Chase River's amenities. Commuters will appreciate the quick access to the Island Highway, BC Ferries, Harbour Air seaplanes, Hullo passenger ferry, and Nanaimo Airport. Nanaimo continues to experience strong population growth, ongoing infrastructure investment, and increasing housing demand, making this an attractive buy-and-hold investment or immediate development opportunity. Best of all, **there is no GST when building your principal residence**, providing additional value for owner-builders. For a complete information package, development information, zoning details, or property video, contact Sean McLintock with RE/MAX Professionals at 250-729-1766 or sean@seanmclintock.com, or visit macrealtygroup.ca (All info and date should be verified if important) *All measurements, lot dimensions, zoning, development potential and other information are deemed reliable but should be independently verified by purchasers if fundamental to their decision.* (id:32467)

Building	Vacant Land
Rooms
Bedrooms	0
Bathrooms	0
Square Footage	0 ft²
Built in
Parking Type	4
Neighbourhood	NANAIMO

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How much could you save in commission selling with One Percent Realty?

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$500,000

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Your One Percent Realty
Commission savings^†

$500,000

^† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Are your listings on MLS® and realtor.ca?

Yes, and yes.

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Joe Squire

REALTOR ® MBA

joe@joesquire.com

(250) 802-5899

Support Area:
Nanaimo,Cedar,Lantzville,Ladysmith,Saltair,Nanoose,Old City,North Nanaimo,South Nanaimo,Central Nanaimo,Departure Bay,Hammond Bay,Diver Lake,Extension,Chase River,Pleasant Valley

Professional Nanaimo Real Estate Sales & Marketing: Specializing in Nanaimo and the Central Island Region 15 year award winning Realtor® offering full MLS® access, advertising, and professional marketing services. My commitment is to make buying or selling your home an informative and enjoyable experience for you.I will help show you how you can keep more of your hard earned...

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