Victoria All Real Estate and Homes for Sale $1,000K+
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 988660
- Photos (11)
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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
- Property Type:
- Residential
- Type:
- Land
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Na South Nanaimo, Nanaimo
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 4,760 sq. ft.
- Lot Details:
- 33 x 143
- Kitchens:
- 0
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Units in Building:
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- Units in Community:
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- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 1
- Total Units:
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- Date Listed:
- Mar 04, 2025
- Original Price:
- 525000.0
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Listed by RE/MAX of Nanaimo
Data was last updated August 19, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 113
- Avg list price:
- $634,900
- Min list price:
- $174,900
- Max list price:
- $21,000,000
- Avg days on market:
- 60
- Min days on market:
- 1
- Max days on market:
- 506
- Avg price per sq.ft.:
- $397.3
These statistics are generated based on the current listing's property type
and located in
Na South Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email