431 Maple Street, Nanaimo, BC

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Listing Details

MLS® #: 1040587

LISTING PRICE: $450,000

STATUS: NEW LISTING

Here's a rare chance to build in Brechin Hill, one of Nanaimo's best-connected neighbourhoods. This 7,800 sq ft lot is zoned R5 for Small-Scale Multiple Family Residential, opening the door to up to four units, all subject to City of Nanaimo approval. With a lot this size, there's real room to work with on design and layout, whether you're ready to build now or prefer to hold for later. 

The property is sold for land value only, with the existing structure to be demolished. That makes this an ideal canvas for your next project, free of the compromises that come with renovating an older home. 

The location is hard to beat. The lot backs right onto Barney Moriez Park, and you're just a 7-minute walk to the Departure Bay BC Ferry Terminal. Seair float plane service and the marina are steps away, and the Harbourfront Seawall, waterfront restaurants, and pubs are all close by. Terminal Park Plaza covers your everyday shopping needs, and families will appreciate the Cilaire Elementary and Wellington Secondary catchment. 

Buyers are responsible for their own due diligence with the City of Nanaimo regarding zoning, permitted uses, and development potential. All measurements are approximate and should be verified by the buyer if important. 

📍 431 Maple Street Nanaimo BC

*For more details, please contact Alvin's Team directly.

Office: 778-762-0707

Email: [email protected]

LOCATION DETAILS

Address:
431 Maple St Nanaimo BC V9S 2J4

Neighborhood:

Brechin Hill

Ownership:
Freehold

Legal Description:

LOT 3, PLAN VIP5718, PART W1/2, SECTION 1, NANAIMO LAND DISTRICT, NEWCASTLE TOWNSITE, LYING TO THE WEST OF A BOUNDARY PARALLEL TO & PERPENDICULARLY DISTANT 60 FT FROM THE WESTERLY BOUNDARY OF SAID LOT

AMOUNTS/DATES

Listing Price:
$450,000

Assessed:

$454,400

Taxes/Year:

$ /

CONSTRUCTION/BUILDING

Entry Location:

Main Level

Property Condition:

Resale

Property Type:
Land

Property Sub Type:
Single Family Residence

EXTERIOR/LOT

Lot Features:

Central Location, Family-Oriented Neighbourhood, Level, Marina Nearby, Quiet Area, Recreation Nearby, Shopping

Nearby, Southern Exposure

Lot Size Area:

0.18 acres

Lot Size Square Feet:

7, 770 sqft

Zoning:

R5

UTILITIES/APPLIANCES

Water:

None

Sewer:

None

See More Nanaimo Sold Listings Like This One!

Listing Details

MLS® #: 1040587

STATUS: NEW LISTING

LISTING PRICE: $449,900

Attention Builders, Developers & Investors! Rare opportunity to secure a flat 7,770 sq. ft. lot in the highly desirable Brechin Hill neighbourhood of Nanaimo. This prime property offers exceptional redevelopment potential, including the opportunity to build a custom two-storey home with potential ocean views of Newcastle Channel from the upper level and rooftop patio, or explore rezoning possibilities for a detached duplex development (buyer to verify with the City of Nanaimo).

The property currently features a charming 1-bedroom, 1-bathroom home with approximately 900 sq. ft. of living space, including an unfinished 12' x 20' loft, offering renovation potential for those looking to restore or update. A detached workshop at the rear of the property provides additional storage or workspace.

Ideally located just a short walk from BC Ferries, the Nanaimo Seawall, marinas, waterfront restaurants, pubs, and the popular Sealand Market, this property combines redevelopment opportunity with an unbeatable coastal lifestyle. Whether you're planning a new build, investment project, or renovation, this is a rare chance to create something special in one of Nanaimo's most sought-after neighbourhoods.

Property is being sold as is, where is. Buyers are encouraged to perform their own due diligence regarding development and rezoning potential. Measurements are approximate and should be verified if important.

*For more details, please contact Alvin's Team directly.

Office: 778-762-0707

Email: [email protected]

LOCATION DETAILS

Address:
431 Maple St Nanaimo BC V9S 2J4

Neighborhood:

Brechin Hill

Ownership:
Freehold

Legal Description:

LOT 3, PLAN VIP5718, PART W1/2, SECTION 1, NANAIMO LAND DISTRICT, NEWCASTLE TOWNSITE, LYING TO THE WEST OF A BOUNDARY PARALLEL TO & PERPENDICULARLY DISTANT 60 FT FROM THE WESTERLY BOUNDARY OF SAID LOT

AMOUNTS/DATES

Listing Price:
$450,000

Assessed:

$454,400

Taxes/Year:

$ /

CONSTRUCTION/BUILDING

Entry Location:
Main Level

Property Condition:

Resale

Property Subtype:

Single Family Residence

Property Type:
Land

EXTERIOR/LOT

Zoning:

R5

Lot Features:

Central Location, Family-Oriented Neighbourhood, Level, Marina Nearby, Quiet Area, Recreation Nearby, Shopping

Nearby, Southern Exposure

Lot Size Area:

0.18 acres

Lot Size Square Feet:
7, 770 sqft

UTILITIES/APPLIANCES

Sewer:

None

Water:
None

Location On The Map

431 Maple St, Nanaimo, BC V9S 2J4, Canada

431 Maple Street, Nanaimo, BC

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103-91 Chapel Street, Nanaimo, British Columbia V9R 0J3

91 Chapel St #104, Nanaimo, BC V9R 0J3, Canada

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