€975,436 EUR | £843,953 GBP | $1,132,085 USD
Type: Commercial-Retail
Land area: 32722 ft2
Agent/Owner:
exp Realty
Cory Chapman
Location: Canada
Speaks: English
Display Phone No.
Advert last updated: 8/11/2025

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3801 Shenton Rd, Nanaimo, BC V9T 2H1
A rare opportunity to develop a five-story, lakefront residential building with underground parking on Diver Lake. This strategically located lot in Central Nanaimo comes with a Development Permit already in place. Extensive preliminary planning and design work has been completed, with careful consideration given to maximizing the southern exposure and lake views from every one of the 15 units. The Development Permit includes two ground-floor units offering flexibility as live/work spaces or can function as full residential homes. Positioned in a tranquil, park-like setting along the lakeshore, the development also includes a designated park area on one side of the property. There is also potential to add a dock on the water, enhancing the lakeside lifestyle this project offers.
Taxes$19,607
Rentals Allowed Unrestricted
Days on Market1
Notes:
Courtesy of RE/MAX Camosun
The listing data displayed is deemed reliable but is not guaranteed accurate. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer`s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.