Introducing an unparalleled investment opportunity at 155 Fry St in the dynamic Harbour View District. This prime 58 high-quality residential units, 0.79-acre development site offers a turnkey project with a building permit ready for immediate pick-up, enabling construction of a five-story multi-family building complete with an underground parkade. The development features a 1,825-square-foot commercial space, strategically designed to capture stunning ocean views and benefit from its short walking distance to downtown amenities and waterfront attractions. With comprehensive analysis, planning, procurement, and permit processes fully completed, investors can transition directly to development with confidence. Modern conveniences including EV charging, bike storage, and secure parking, along with a five-year tax exemption in a revitalized downtown setting, make this a uniquely attractive opportunity for sustainable urban living.
Property Type:
Residential
Type:
Land
Listing General Location:
Na Old City, Nanaimo
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Size:
0.791 acre(s)0.32 hectare(s)
Kitchens:
0
Electricity:
Yes
# 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 Available
Heating:
Natural Gas
Fireplace:
No
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Zoning:
COR 2
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
Occupancy:
Vacant
Property Condition:
Contact List Licensee
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
Data was last updated March 29, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$579,900
Min list price:
$249,900
Max list price:
$3,500,000
Avg days on market:
38
Min days on market:
1
Max days on market:
342
Avg price per sq.ft.:
$512.9
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
