2433 Summerset Rd

2433 Summerset Rd · Nanoose Bay · Vacant Land · $895,000 · MLS 1026029

Nanoose Bay, British Columbia
C$895,000
For sale
2433 Summerset Rd

2433 Summerset Rd is located in Nanoose Bay. Property snapshot: Vacant Land, listed at $895,000, MLS 1026029. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 74. Latest recorded list price 895000.00.

List Price: $895,000
MLS: 1026029
Days on Site: 74
Price History: Latest recorded list price 895000.00

Local Decision Guide

How should buyers evaluate 2433 Summerset Rd?

Start by reading this listing in its Nanoose Bay 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 2433 Summerset Rd?

This page shows a list price of $895,000 with MLS 1026029.

What type of home is this Nanoose Bay listing?

The page shows Vacant Land at 2433 Summerset 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 74 days on market/site. Latest recorded list price 895000.00.

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

Rare opportunity to invest in two titled properties totaling 3.17 acres, located at 2433 Summerset Road (2.04 Acres) and 2430 Island Hwy E (1.13 Acres). These parcels have a high visibility location with Island Highway frontage, making them ideal for a variety of commercial uses or residential use. Approximately a 5-minute drive to North Nanaimo, these properties are conveniently close to all levels of amenities. The proximity to Nanaimo also ensures easy connections to the lower mainland via multiple ferry services, float planes, and the Helijet. Both parcels are undeveloped, offering a blank canvas for your vision. With CM5 zoning, the possibilities are vast, including potential uses such as a hotel, pub, restaurant, residential, recreation facility, public assembly, resort vehicle park, and tourist centre. Don't miss this investment opportunity in a high-exposure, rapidly growing area. Plus GST. Information Package Available. Measurements approx. Verify data if important. (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
138,085 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 29360988 (1026029)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$895,000

Lot Area: 138,085 sf

PID: 005-629-632

Days on Site: 74 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-03-28 02:23 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Quality Foods
About 1.3 km away
Shopping Centres
Red Gap Centre
About 1.3 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Fri, 13 Feb 2026 03:42:58 PM PST

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