55 COMOX ROAD
Vancouver Island · V9R5H1
$650,000
About this residence
Prime development opportunity in waterfront downtown Nanaimo! This 11,394 sq ft lot zoned DT-5 allows for high - density multi story residential with compatible commercial uses. Enjoy stunning ocean views and picturesque vistas of Maffeo Sutton Park, with direct access to parks and the seawall, steps from vibrant downtown amenities. The seller has completed a survey and provides a detailed proposal for a 6 storey, 21 unit condominium with underground parking, designed to maximize ocean views and integrate with the urban landscape ( for buyers reference only ) Priced to sell, this is a rare chance for developers to create a landmark project in Nanaimo's coveted waterfront downtown area. Price plus tax. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Lot size
- 11326
- Annual tax
- $13,631
- MLS®
- 1022612
- Board
- Vancouver Island
- Status
- Active
- Listed
- Jan 7, 2026
- Updated
- Mar 20, 2026
Features & finishes
Lot
- Central location
- Other
- Partially cleared
Financing
Estimated monthly payment
$3,040/mo
Loan amount
$520,000
Down payment
$130,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
Nearby
About the area
Census · V9R- 31,992
- Population
- 41
- Median age
- $67,500
- Median income
- $548,000
- Median home value
- 60%
- Home ownership
- 21 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 55 COMOX ROAD?
55 COMOX ROAD is listed for $650,000, in Vancouver Island.
What type of home is 55 COMOX ROAD?
55 COMOX ROAD is a Multi-family, Multi-Family.
How large is 55 COMOX ROAD?
The home offers a lot measuring 11326.
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 $3,040. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $13,631 per year.
What is the Vancouver Island area like?
Vancouver Island has a population of about 31,992, a median age of 41, a 60% home-ownership rate, with an average commute of about 21 minutes.
What is the average home value in Vancouver Island?
The median dwelling value in this area is approximately $548,000, based on census data via Neighbourly.
What is the median household income in Vancouver Island?
The median household income in this area is approximately $67,500.
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