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311 Wallace St
Nanaimo, BC V9R 5B6

$571,175 USD

Land For Sale  •  0.39 AC

Property Details

  • Property Type Land
  • Lot Size 0.38 AC
  • Zoning DT2
70 Transit Score
90 Walk Score

Description 

This unique property offers high visibility on the main corridor connecting downtown Nanaimo, the water front, seawall, seaplane terminal, Inland Island Highway, VIU, Ice Centre and Aquatic Centre. Ocean views overlooking the inner harbour across to the coastal mainland mountains and city would be achieved from East facing units with potential Mt. Benson views facing West. The site neighbours Wesley Quarter with destination restaurants, shops and professional offices. Wallace Street is currently experiencing new development of multi-family buildings with commercial, retail and/or offices on the main level providing greater foot traffic and community vibe throughout the Old City Quarter. Directly across the road is Bastion Bridge meandering to the city centre shopping, dining, hotel and entertainment hub.

Highlights

Corner site in Wesley Quarter with elevated ocean, city, and mountain view potential
High-visibility location along the main corridor connecting downtown to waterfront and transit
Surrounded by new mixed-use developments, restaurants, shops, and professional offices
Walking distance to seaplane terminal and Hullo Ferry for convenient mainland access
Zero parking requirement and 2.3 FSR, with potential for greater density upon approval
Sandy Clark PREC* 250-668-9878 Macdonald Realty Victoria
Sandy Clark PREC* 250-668-9878 Macdonald Realty Victoria