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
Lot/land
C$449,000
223 Victoria Rd, Nanaimo, BC V9R 4P7
0beds
0baths
4,791.6Square Feet
Unimproved Land
Built in ----
4,791.6 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Private outdoor deckTownhouse-style exterior access
- 154 days
- on Zillow |
- 3 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 25, 2025 at 12:49pm
Listed by:
Kelly Whitton Personal Real Estate Corporation,
REMAX Professionals
Source: VIVA,MLS®#: 988660
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Total spaces: 1
Features
- Entry location: Main Level
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 33 x 143
Details
- Parcel number: 008823031
- Zoning: DT12
- Zoning description: Residential
Utilities & green energy
- Water: Municipal
- Utilities for property: Sewer Connected
Community & HOA
Location
- Region: Nanaimo
Financial & listing details
- Tax assessed value: C$302,000
- Annual tax amount: C$1,809
- Date on market: 3/4/2025
- Ownership: Freehold
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