About 1015 Park Ave
DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density potential of up to 36 townhouse units. The Suburban Neighbourhood OCP designation supports up to 25 units/ha. With site-specific rezoning approval, preliminary concepts indicate the property could potentially accommodate up to 36 townhomes. A 2024 topographic survey and slope analysis identify approximately 1.463 ha of developable area. Concept layouts explore building placement, access and grading in response to site constraints, giving developers a solid starting point to assess feasibility and design. Due-diligence materials include survey, slope and geotechnical information, terrain modelling and concept plans. Minutes from VIU, transit, schools, shopping and major routes, this is an opportunity to pursue a higher-density townhouse project in Nanaimo. Concepts and unit counts are preliminary; all development is subject to purchaser due diligence and required municipal approvals.
Features of 1015 Park Ave
| MLS® # | 1050853 |
|---|---|
| Price | $1,999,000 |
| Acres | 4.74 |
| Type | Commercial Sale |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 1015 Park Ave |
|---|---|
| Area | Na South Nanaimo |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9R 4J5 |
Amenities
| View | City, Mountain(s) |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
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Additional Information
| Date Listed | September 25th, 2026 |
|---|---|
| Days on Market | 13 |
| Zoning | R10 |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|