Rare development opportunity in the highly desirable community of Upper Lantzville, adjacent to the Foothills Project. This 5.96-acre property has been largely cleared and is supported by extensive planning and due diligence work. Current plans contemplate a 23-unit development consisting of 14 townhomes and 9 strata single-family lots, offering a diverse housing mix in one of Vancouver Island’s most sought-after markets. The property benefits from services at the lot line and significant preliminary planning, helping streamline the development process. A covenant registered on title links the property with the neighbouring parcel at 6685 Harwood Road, supporting a broader 34-unit vision for the area. Proposed amenities include park dedication, environmental protection areas, and greenway trail connections. An additional opportunity exists to acquire the neighbouring property, creating a combined development potential of approximately 34 residential units.
Data was last updated June 5, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
108
Avg list price:
$1,004,446
Min list price:
$23
Max list price:
$25,000,000
Avg days on market:
105
Min days on market:
3
Max days on market:
739
These statistics are generated based on the current listing's property type
and located in
Nanaimo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.