580 Rosehill St Nanaimo, British Columbia V9S 1E6
$1,100,000
Shovel-ready multifamily development opportunity in the heart of Nanaimo. This R8-zoned property allows for medium-density residential use, with potential for over 20 units at its highest and best use. The site currently has an approved Development Permit (#130400) in place for a 13-unit project consisting of twelve two-bedroom suites and one spacious penthouse unit. All supporting documentation—including architectural, civil, structural, mechanical, electrical, and landscaping plans—is fully completed and included in the sale. The seller is open to creative financing options, making this an ideal opportunity for developers. Located in the sought-after Townsite area, the property is within walking distance to the waterfront, Bowen Park, schools, transit routes, and downtown Nanaimo. It’s also just a short drive to Nanaimo Regional General Hospital (3 minutes), Vancouver Island University and BC Ferries (6 minutes), and several major shopping centres. The lot currently features a three-bedroom rental rancher and a detached garage with lane access—sold “as is, where is.” The entire property is fully fenced. All measurements are approximate and should be verified if fundamental to the purchase. (id:48643)
Property Details
| MLS® Number | 994093 |
| Property Type | Single Family |
| Neigbourhood | Central Nanaimo |
| Parking Space Total | 2 |
| Plan | Vip1505 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 3 |
| Cooling Type | None |
| Heating Type | Other |
| Size Interior | 1,100 Ft2 |
| Total Finished Area | 1100 Sqft |
| Type | House |
Parking
| Stall |
Land
| Acreage | No |
| Size Irregular | 12000 |
| Size Total | 12000 Sqft |
| Size Total Text | 12000 Sqft |
| Zoning Description | R8 |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 10'0 x 10'11 | ||
| Main Level | Bedroom | 10'0 x 10'11 | ||
| Main Level | Bedroom | 10'0 x 11'4 |
https://www.realtor.ca/real-estate/28115960/580-rosehill-st-nanaimo-central-nanaimo
Contact Us
Contact us for more information
Harvey Nagra
#604 - 5800 Turner Road
Nanaimo, British Columbia V9T 6J4
(250) 756-2112
(250) 756-9144
www.suttonnanaimo.com/
Nita Sihota
Personal Real Estate Corporation
www.nitasihota.com/
nitasihotaprec/
nita_sihota/
#604 - 5800 Turner Road
Nanaimo, British Columbia V9T 6J4
(250) 756-2112
(250) 756-9144
www.suttonnanaimo.com/
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April 08 2025 03:12:19
Vancouver Island Real Estate Board
Sutton Group-West Coast Realty (Nan)