Residentiae.
For Sale · Vancouver Island

3375 OPAL ROAD

Vancouver Island · V9T2V6

$2,145,000

Bedrooms
Bathrooms
Parking

About this residence

This exceptional 1.6-acre (6,475 m² / 69,696 sq ft) development opportunity is located on a quiet road in Nanaimo’s desirable Uplands neighbourhood, a community known for its natural beauty and predominantly single-family homes. Zoned R1 (Single Dwelling Residential), the property supports low-density residential development with minimum lot sizes of 500 m² (5,382 sq ft) for standard single-family lots or 450 m² (4,844 sq ft) for lane-access parcels. Under the Official Community Plan, the property is designated “Suburban Neighbourhood,” an area oriented toward low-rise residential development with a target density of 25 units per hectare. Typical supported building forms include single-family homes, duplexes, triplexes, fourplexes, and townhomes, and given the size of the site, it could accommodate approximately 25 units. The property offers approximately 37 m (121 ft) of frontage and an average depth of 135 m (444 ft), providing excellent flexibility for subdivision or multi-unit planning. Gently sloping to the southeast, the land is serviced at Opal Road with water, sewer, and storm connections. Ideally situated close to schools, parks, shopping, and all major amenities, this property presents an outstanding opportunity for builders, developers, or investors looking to create a well-designed residential enclave in one of Nanaimo’s most sought-after areas. Existing on the property is a 3-bedroom 1 bath home. Land Assembly totaling 4.9 acres available, Detailed Information package available on request. (id:61366)

Property details

Property type
Multi-family
Style
Multi-Family
Ownership
Freehold
Lot size
1.6
Annual tax
$6,094
MLS®
1021663
Board
Vancouver Island
Status
Inactive
Listed
Dec 6, 2025
Updated
Dec 22, 2025

Features & finishes

Lot

  • Acreage
  • Wooded area
  • Other

Financing

Mortgage calculator

Estimated monthly payment

$10,032/mo

Amortization

Loan amount

$1,716,000

Down payment

$429,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Vancouver Island

About the area

Census · V9T
36,952
Population
46
Median age
$84,000
Median income
$645,000
Median home value
76%
Home ownership
20 min
Avg. commute

Age distribution

0–14
15%
15–24
10%
25–44
24%
45–64
25%
65+
26%

Tenure

76% owners24% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 3375 OPAL ROAD?

3375 OPAL ROAD is listed for $2,145,000, in Vancouver Island.

What type of home is 3375 OPAL ROAD?

3375 OPAL ROAD is a Multi-family, Multi-Family.

How large is 3375 OPAL ROAD?

The home offers a lot measuring 1.6.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $10,032. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $6,094 per year.

What is the Vancouver Island area like?

Vancouver Island has a population of about 36,952, a median age of 46, a 76% home-ownership rate, with an average commute of about 20 minutes.

What is the average home value in Vancouver Island?

The median dwelling value in this area is approximately $645,000, based on census data via Neighbourly.

What is the median household income in Vancouver Island?

The median household income in this area is approximately $84,000.

Private viewings

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