867 Old Victoria Rd

867 Old Victoria Rd · Nanaimo · Vacant Land · $269,000 · MLS 1022514

Nanaimo, British Columbia
C$269,000
For sale
867 Old Victoria Rd

867 Old Victoria Rd is located in Nanaimo. Property snapshot: Vacant Land, listed at $269,000, MLS 1022514. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 85. Latest recorded list price 269000.00; 1 price change(s) on fil

List Price: $269,000
MLS: 1022514
Days on Site: 85
Price History: Latest recorded list price 269000.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 867 Old Victoria Rd?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 867 Old Victoria Rd?

This page shows a list price of $269,000 with MLS 1022514.

What type of home is this Nanaimo listing?

The page shows Vacant Land at 867 Old Victoria Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 85 days on market/site. Latest recorded list price 269000.00; 1 price change(s) on file.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Victoria Estates is a brand-new R1 single-family subdivision in Nanaimo featuring 20 freehold strata lots with $0 strata fees and full underground services. Each lot is geotechnically prepared, level, and build-ready, offering a streamlined construction process and rear lane access for flexible home design. Lots range at approximately 5,900+ sq ft with excellent southern exposure, making them ideal for custom two-storey homes, main-level entry with basement, and options for no suite, one-bedroom, or two-bedroom rental suites. There is no building scheme, allowing builders and end users greater freedom in design and long-term use. This development represents some of the best-priced building lots currently available in Nanaimo, with individual lot purchases or a rare six-lot package opportunity (855, 859, 863, 867, 871, 875 Old Victoria Rd), making it highly attractive for builders, investors, or strategic land assembly build-out. Victoria Estates is centrally located close to schools, parks, trails, shopping centres, restaurants, and Downtown Nanaimo, with quick access to major highways, BC Ferries, seaplanes, and Nanaimo Airport. Ideal for commuters and future homeowners alike. Nanaimo continues to experience strong population growth, infrastructure investment, and housing demand, positioning these lots as an excellent buy-and-hold land investment or immediate build opportunity in a rapidly expanding city. (All measurements, data, info approximate, buyer to verify if fundamental to purchase.) (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
4,942 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 29271770 (1022514)

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Site Context

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Property Summary

Price: C$269,000

Lot Area: 4,942 sf

PID: 031-610-587

Days on Site: 85 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-05-04 12:01 PM PDT

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Lot info

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Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Quality Foods
About 1.1 km away
867 Bruce Avenue
Buy Low Foods
About 1.7 km away
Shopping Centres
Southgate Shopping Centre
About 1.7 km away
50 Tenth Street
University Village
About 1.7 km away
530 Fifth Street, Nanaimo
Parks / Green Space
PETROGLYPH PARK
About 708.3 m away
Class A · 0043 · 00
SAYSUTSHUN (NEWCASTLE ISLAND MARINE) PARK
About 3.5 km away
Class A · 0133 · 00

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 04 May 2026 10:53:46 AM PDT

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