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$9,750,000

103 Lotus Pinnatus Way, Nanaimo, BC, V9R 4A7

MLS® # 977145

Property Information:

One of the last large residential development sites in Nanaimo at approximately 90.48 acres. The site features unobstructed views of the City of Nanaimo and the vibrant Nanaimo coastline. The current owner has completed extensive work and studies on the property, and submitted an application to the City of Nanaimo in 2023 contemplating a 10 lot subdivision. The owners conceptual plans propose a mix of housing including single family homes, duplexes, townhouses and condominium units. Ideally situated above the Nanaimo Parkway, ensuring easy access to Harewood district amenities and 10 minutes from downtown Nanaimo. Upon signing an NDA, access will be provided to an extensive data room containing all site studies and applications.

Property Features:

  • Annual Tax Amount: $21,800
  • Lot Features: Acreage, Central Location, Irregular Lot
  • Lot Frontage: 3941308.8 Square Feet
  • Lot Size: 90.48 Acres
  • Ownership: Freehold
  • Property Sub Type: Multi Family
  • Zoning: R-10

Courtesy of: Colliers International (Nan)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 103 Lotus Pinnatus Way, Nanaimo, BC, V9R 4A7

Demographic Information of 103 Lotus Pinnatus Way, Nanaimo, BC, V9R 4A7

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$99,083.49

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.54 %

High school certificate or equivalent

34.68 %

Apprenticeship trade certificate/diploma

10.1 %

College/non-university certificate

19.86 %

University certificate (below bachelor)

1.57 %

University Degree

19.25 %

Commuter

Travel To Work

By Car

96.25 %

By Public Transit

1.12 %

By Walking

0.99 %

By Bicycle

0.0 %

By Other Methods

1.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.45 %

Houses

99.55 %

Own Vs. Rent