3383 Opal Rd

3383 Opal Rd · Nanaimo, Uplands · Multi-Family · $1,850,000 · MLS 1026879

Nanaimo, British Columbia · Neighbourhood: Uplands

C$1,850,000

For sale

3383 Opal Rd is located in Nanaimo (Uplands). Property snapshot: Multi-Family, listed at $1,850,000, MLS 1026879. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 79. Latest recorded list price 1850000.00.

List Price: $1,850,000

MLS: 1026879

Days on Site: 79

Price History: Latest recorded list price 1850000.00

Local Decision Guide

How should buyers evaluate 3383 Opal Rd?

Start by reading this listing in its Nanaimo Uplands 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 3383 Opal Rd?

This page shows a list price of $1,850,000 with MLS 1026879.

What type of home is this Nanaimo, Uplands listing?

The page shows Multi-Family at 3383 Opal 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 79 days on market/site. Latest recorded list price 1850000.00.

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.

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Remarks

Excellent 1.7-acre (6,879 m² / 74052 sq ft) development opportunity is located on a quiet road in Nanaimo’s desirable Uplands neighbourhood, a community known for its natural beauty and predominantly single-family homes. Zoned R1 (Single Dwelling Residential), the property supports low-density residential development with minimum lot sizes of 500 m² (5,382 sq ft) for standard single-family lots or 450 m² (4,844 sq ft) for lane-access parcels. Under the Official Community Plan, the property is designated “Suburban Neighbourhood,” an area oriented toward low-rise residential development with a target density of 25 units per hectare. Typical supported building forms include single-family homes, duplexes, triplexes, fourplexes, and townhomes, and given the size of the site, it could accommodate approximately 25 units. The property offers approximately 35.01 m (115 ft) of frontage and an average depth of 127.45 m (418 ft), providing excellent flexibility for subdivision or multi-unit planning. Gently sloping to the southeast, the land is serviced at Opal Road with water, sewer, and storm connections. Ideally situated close to schools, parks, shopping, and all major amenities, this property presents an outstanding opportunity for builders, developers, or investors looking to create a well-designed residential enclave in one of Nanaimo’s most sought-after areas. Great holding property with an existing decent sized 4-bedroom 2-bath home, carport with attached shop, garden shed, and open air 3 car carport. Land Assembly totaling 4.9 acres available, Detailed Information package available on request. (id:56153)