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LT 3 & LT 4 Lantzville rd
Lantzville, BC V0R 2H0
6950, 6960 Lantzville Road, Nanaimo BC · Land For Sale · 4.78 AC

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INVESTMENT HIGHLIGHTS

  • Over three acres available
  • Seniors housing permitted
  • Beside $286M care facility
  • Multifamily and office allowed

EXECUTIVE SUMMARY

3.04 acres available located directly beside the new $286M Seniors care facility project on the border of Lantzville and North Nanaimo. This double lot assembly is designated as a growth corridor under the OCP. The Lantzville East Special Area plan allows for seniors housing and a full mix of multifamily residential, office, and more.
This property is located within walking distance of all the North Nanaimo amenities including Woodgrove Mall and Costco to name a few, as well as the pristine beaches of Lantzville.
Besides needing more seniors housing, Lantzville residents are eager for more diverse housing as well as aging in place options. This is one of the few remaining greenfield sites of this magnitude in the area. The neighbouring lot is also available for a combined 4.8 acres total.

PROPERTY FACTS

Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 4.78 AC
Zoning R1 - Residential Land

3 LOTS AVAILABLE

Lot

Price $1,300,000 CAD
Price Per AC $1,000,000.00 CAD
Lot Size 1.30 AC

Lot

Price $1,700,000 CAD
Price Per AC $977,011.49 CAD
Lot Size 1.74 AC

Lot

Lot Size 1.74 AC

DESCRIPTION

Over three acres of prime land are available directly beside the new $286 million seniors care facility project on the border of Lantzville and North Nanaimo. This two-lot assembly is designated as a growth corridor under the Official Community Plan and falls within the Lantzville East Special Area plan, which permits seniors housing along with a full mix of multifamily residential, office, and other uses. The property is within walking distance of major North Nanaimo amenities, including Woodgrove Mall and Costco, as well as the pristine beaches of Lantzville. With a growing demand for seniors housing and aging-in-place options, this site presents a rare opportunity for diverse residential development. It is one of the few remaining greenfield sites of this scale in the area, and a neighboring site is also available, offering a combined total of 4.8 acres.

  • Listing ID: 36054437

  • Date on Market: 2025-05-30

  • Last Updated:

  • Address: LT 3 & LT 4 Lantzville rd, Lantzville, BC V0R 2H0

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