223 Victoria Rd, Nanaimo, BC

$449,000

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0.11

Acres

About 223 Victoria Rd

223 Victoria Road presents a rare and highly strategic multi-family development opportunity in Nanaimo. Unlike the large-scale multi-family projects that dominate the market and require substantial working capital, this approved four-unit townhouse-style complex offers a more accessible entry point for builders while maintaining strong investment potential. The property is ideally situated within walking distance of downtown and central shopping, ensuring long-term desirability.This project features a unique mix of residential and live-work spaces. The standout unit is a rare live-work design with a 521 sq. ft. ground-floor office space that connects via an internal staircase to a two-bedroom, 774 sq. ft. residential unit above.The second level also has a separate exterior entrance, maximizing functionality and rental appeal.The remaining three units are well-designed two-bedroom residences of approximately 820 sq/ft.,each with a private outdoor deck and townhouse-style exterior access

Features of 223 Victoria Rd

MLS® # 988660
Price $449,000
Bathrooms 0.00
Acres 0.11
Type Residential
Sub-Type Land
Status Active

Community Information

Address 223 Victoria Rd
Area Na South Nanaimo
City Nanaimo
County Nanaimo, City of
Province BC
Postal Code V9R 4P7

Amenities

Parking Spaces 1
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed March 4th, 2025
Days on Market 130
Zoning DT12

Listing Details

OfficeRE/MAX of Nanaimo

Listing Map

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