867 Old Victoria Rd, Nanaimo
Victoria Estates is a brand-new R1 single-family subdivision in Nanaimo featuring 20 freehold strata lots with $0 strata fees and full underground services. Each lot is geotechnically prepared, level, and build-ready, offering a streamlined construction process and rear lane access for flexible home design. Lots range at approximately 5,900+ sq ft with excellent southern exposure, making them ideal for custom two-storey homes, main-level entry with basement, and options for no suite, one-bedroom, or two-bedroom rental suites. There is no building scheme, allowing builders and end users greater freedom in design and long-term use. This development represents some of the best-priced building lots currently available in Nanaimo, with individual lot purchases or a rare six-lot package opportunity (855, 859, 863, 867, 871, 875 Old Victoria Rd), making it highly attractive for builders, investors, or strategic land assembly build-out. Victoria Estates is centrally located close to schools, parks, trails, shopping centres, restaurants, and Downtown Nanaimo, with quick access to major highways, BC Ferries, seaplanes, and Nanaimo Airport. Ideal for commuters and future homeowners alike. Nanaimo continues to experience strong population growth, infrastructure investment, and housing demand, positioning these lots as an excellent buy-and-hold land investment or immediate build opportunity in a rapidly expanding city. (All measurements, data, info approximate, buyer to verify if fundamental to purchase.) (id:62865)
Status
Active
Property Type
Vacant Land
Ownership
Condo/Strata
Subdivision
Victoria Estates
Annual Tax
$1,831
Zoning
Residential
Parcel Number
031-610-587
Data Source
Vancouver Island Real Estate Board
Bedrooms
0
Bathrooms
0
Lot Size
4942.0 sqft
Lot Features
Community Features
$269,000
Office
REMAX Professionals (NA)
Loan Amount:
$215,200
Estimated Monthly Payment:
$1,049
This is an estimate for informational purposes only. Consult with a financial advisor.
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