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575 Milton St
Nanaimo, BC V9R 2L2

$321,688 USD

Land For Sale  •  0.64 AC

Property Details

  • Property Type Land
  • Lot Size 0.64 AC
  • Zoning DT11
50 Transit Score
60 Walk Score

Description

Newly constructed neighbouring townhome development with a commercial component on the ground floor has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. The neighbouring property at 555 Milton is also offered for sale. There are environmental issues noted with the soil on 555 Milton therefore the property is being sold AS IS, WHERE IS. Buyers MUST do their own due diligence regarding remediation requirements

Highlights

0.64-acre corner lot located in Nanaimo’s Old City Quarter with DT11 zoning.
Flexible development options for mixed-use, multi-family, townhomes, and live-work concepts.
Walkable location near Vancouver Island University and downtown Nanaimo.
Recently revitalized neighborhood with new projects enhancing local vibrancy.
Sandy Clark PREC* 250-668-9878 Macdonald Realty Victoria
Sandy Clark PREC* 250-668-9878 Macdonald Realty Victoria