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Main Photo: 1072 N Cedar Rd in Nanaimo: Na Cedar Unimproved Land for sale : MLS®# 984805
Photo 1: 1072 N Cedar Rd in Nanaimo: Na Cedar Unimproved Land for sale : MLS®# 984805
Photo 2: 1072 N Cedar Rd in Nanaimo: Na Cedar Unimproved Land for sale : MLS®# 984805
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
984805
13.19 ACRE SMALL LOT SINGLE FAMILY DEVELOPMENT SITE. Comprising two legal parcels the properties are accessed from both Cedar Road running north-south and Frew Road (east-west). Together the contiguous parcels create an L-shape that is generally flat with a gentle slope upward following Frew Road towards the center of the site. The site is currently vacant and primarily forested and is adjacent to a portion of the future Sandstone master planned development. In 2012 a preliminary layout acceptance (PLA) was granted by the City of Nanaimo (expired Jan 2020) for a 90 lot development with lot sizes ranging from 3,100 to 6,800 square feet in size. The Nanaimo OCP was updated and adopted by Council in 2022 and the road standards were adopted as an amendment to the Subdivision Control Bylaw in 2020 so the previous PLA did not consider the bylaw changes and would need to be re-applied for.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Na Cedar, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
13.18 acre(s)
Taxes:
$11,801 / 2023
Commercial Area:
Not Applicable
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
1627000.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 62, PLAN VIP1333, SECTION 2, NANAIMO LAND DISTRICT, EXCEPT PLAN 23662, & EXC EPP12401 ASSESSMENT ROLL # FOR FREW RD - 16781000 PID # FOR FREW RD - 007-600-569
Zoning:
R2
Occupancy:
Vacant
Lot Site Features:
Acreage, Easy Access
Road Surface Type:
Paved
Date Listed:
Jan 17, 2025
Original Price:
5850000.0
  • Photo 1: 1072 N Cedar Rd in Nanaimo: Na Cedar Unimproved Land for sale : MLS®# 984805
    Photo 1 of 2
  • Photo 2: 1072 N Cedar Rd in Nanaimo: Na Cedar Unimproved Land for sale : MLS®# 984805
    Photo 2 of 2
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Listed by Colliers International (Nan)
Data was last updated April 2, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
87
Avg list price:
$925,000
Min list price:
$23
Max list price:
$11,500,000
Avg days on market:
120
Min days on market:
5
Max days on market:
558
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.