3379 Opal Rd

Offered at: $1,980,000

MLS®: 1026910

Rare opportunity – 1.6-acre (6,475 m² / 69,696 sq ft) development site on a quiet road in Nanaimo’s sought-after Uplands neighbourhood. Zoned R1 (Single Dwelling Residential), allowing minimum lot sizes of 500 m² (5,382 sq ft) or 450 m² (4,844 sq ft) with lane access. Designated “Suburban Neighbourhood” under the OCP, supporting low-rise housing at up to 25 units/ha, including single-family homes, duplexes, triplexes, fourplexes and townhomes. The property offers approx. 37 m (121 ft) frontage and 135 m (444 ft) average depth, ideal for subdivision or multi-unit planning. Existing 2,900 sq ft updated home with 4 bedrooms, 4 bathrooms, in-law suite, 338 sq ft workshop. Excellent holding property. Land assembly potential totaling 4.9 acres.

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SHOWING AVAILABLE
Property Type:
Commercial Sale
Home Ownership:
Freehold

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Office: 250-334-3124