Commercial Sale

Property Description

Oversized Semi-Waterfront Development Property with Ocean Views – Ready to Build

What a view! This rare semi-waterfront lot in the City of Nanaimo offers exceptional development potential and breathtaking ocean vistas. A building permit is in place for three townhomes, making this a truly turnkey opportunity for builders and investors.

The property features 168 feet of highway frontage and 60 feet of frontage on Haliburton Street, providing convenient dual access from both streets. Enjoy panoramic views of Nanaimo’s vibrant waterfront—watch cruise ships, BC ferries, seaplanes, and helicopters pass by from your own property.

The approved townhomes range from 2,100–2,200 sq. ft., each designed with a two-car garage. Upon completion, each unit is projected to sell between $800,000–$850,000 or rent for approximately $3,500–$4,000 per month, offering excellent return potential. A rare opportunity to build, invest, or develop in one of Nanaimo’s most desirable waterfront locations.