Vacant Land

565 Brechin Rd

Brechin Hill, Nanaimo, BC

MLS® 1038616 · 103 days on market

$2,580,000

1.9 acres

0 bed · 0 bath

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Description

This exceptional 1.92-acre ocean-view property is one of the last significant undeveloped parcels in Nanaimo’s highly sought-after Brechin Hill neighbourhood — a rare opportunity in one of the city’s most established and desirable coastal communities. Ideally positioned near downtown Nanaimo, Departure Bay ferry and seaplane terminals, marinas, waterfront parks, and local shops and restaurants, the property captures sweeping views of Departure Bay, Newcastle Island, Newcastle Channel, and Nanaimo Harbour. The gently sloping topography offers natural elevation changes that may support a broad range of future development possibilities, subject to required City of Nanaimo approvals. Extensive preliminary development work has already been explored for the site, with comprehensive supporting materials available to qualified buyers upon execution of a Confidentiality Agreement. Available materials include architectural concepts, engineering information, geotechnical and environmental studies, and additional technical reports. The property may offer potential for subdivision or a variety of residential development forms through future rezoning and municipal approval processes. Buyers are encouraged to complete their own independent due diligence with the City of Nanaimo and qualified professionals regarding development potential, servicing capacity, and future use possibilities. (id:63159)

Property Details

Property & Lot

Lot size
1.9 acres
Zoning
Residential — R1
Title
Freehold

Exterior & Land

View
City view, Mountain view, Ocean view
Lot features
Acreage, Central location, Southern exposure, See remarks, Other, Rectangular, Marine Oriented

Building & Utilities

Parking spaces
2
Parcel ID (PID)
006-278-612
Annual property tax
$11,041
Brokerage
Sutton Group-West Coast Realty (Nan)

Location Insights

Population

99,863

(2021 Census)

+10.3% since 2016

Density
1,104.1/km²
Dwellings
45,138
Median household income
$75,500
After-tax
$68,500
Immigrant population
16.1%

Top countries of origin

  • United Kingdom3.5% · 3,495
  • China1.3% · 1,285
  • United States of America1.2% · 1,155
  • India1.1% · 1,075
  • Philippines1% · 1,040
  • Germany0.6% · 635
  • Korea, South0.5% · 470
  • Viet Nam0.5% · 455

Source: Statistics Canada, 2021 Census of Population.

Weather

Mostly Cloudy

23°C

Mostly Cloudy

Humidity 54%

Wind N 5 km/h

Today

24°

Tonight

14°

Thursday

22°

Thursday night

11°

Friday

16°

Friday night

12°

Source: Environment and Climate Change Canada.

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