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- $450k Price
- .64 Acres
- 203 DOM
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575 Milton St
– $450,000
COMMERCIAL - RESIDENTIAL MIXED USE DEVELOPMENT SITE OFFERED WELL BELOW ASSESSED VALUE - Commercial, Residential, multi-family, live/work, mixed use development property located in a commercial and residential area of the Old City quarter ready for your development ideas. Newly constructed neighbouring townhome development with a commercial component on the ground floor has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. There are environmental issues noted with the soil therefore the property is being sold AS IS. Buyers to do their own due diligence regarding environmental.
Essential Information
- MLS® #1017872
- Price$450,000
- Acres0.64
- TypeCommercial Sale
- Sub-TypeUnimproved Land
- StatusActive
- Taxes$12,303
- Tax Year2025
Community Information
- Address575 Milton St
- AreaNa Old City
- CityNanaimo
- CountyNanaimo, City of
- ProvinceBC
- Postal CodeV9R 2L2
Amenities
- Parking Spaces40
Additional Information
- Date ListedOctober 16th, 2025
- Days on Market203
- ZoningDT11
Listing Office
Macdonald Commercial Real Estate Services Ltd.
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.