1933 Balsam Rd

1933 Balsam Rd · Nanaimo, South Nanaimo · Industrial · $3,750,000 · MLS 1040217

Nanaimo, British Columbia · Neighbourhood: South Nanaimo
C$3,750,000
For sale
1933 Balsam Rd

1933 Balsam Rd is located in Nanaimo (South Nanaimo). Property snapshot: Industrial, listed at $3,750,000, MLS 1040217. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 2. Latest recorded list price 3750000.00.

List Price: $3,750,000
MLS: 1040217
Days on Site: 2
Price History: Latest recorded list price 3750000.00

Local Decision Guide

How should buyers evaluate 1933 Balsam Rd?

Start by reading this listing in its Nanaimo South 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 1933 Balsam Rd?

This page shows a list price of $3,750,000 with MLS 1040217.

What type of home is this Nanaimo, South Nanaimo listing?

The page shows Industrial at 1933 Balsam 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 2 days on market/site. Latest recorded list price 3750000.00.

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

Exceptional opportunity to acquire 2.5 acres of prime Light Industrial (LI-1) zoned land in the highly sought-after Mid-Island region. This level, usable parcel is ideally suited for a wide range of industrial and commercial applications. The property is mostly fenced and serviced with power and a drilled well, providing a strong foundation for immediate or future development. Previously cleared and prepared by the current owner, the site is ready for your business vision, with only a small electrical shed currently in place. Strategically located in South Nanaimo’s established industrial area near the end of Balsam Road, the property offers excellent access to major transportation routes, including the Island Highway for efficient north and southbound travel, and is conveniently close to the Nanaimo Duke Point Ferry Terminal and the Downtown Nanaimo Port—making it ideal for logistics, warehousing, or distribution operations. This is an exceptional opportunity to secure industrial land in a growing and well-connected location. Contact us today for a full information package or to arrange a private tour. Plus GST. (id:56153)

Property Details

Industrial
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Status: active

Listing ID: 29907157 (1040217)

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Site Context

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Property Summary

Price: C$3,750,000

PID: 026-138-671

Days on Site: 2 days

Added to BurnabyHouse: 2026-06-15

Updated on: 2026-06-16 11:03 AM 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
Country Grocer
About 1.9 km away
1824 Cedar Road
Country Grocer
About 3.9 km away
82 Twelfth Street, Nanaimo
Shopping Centres
Cedar Village Square
About 2 km away
Cedar Farmers Market
About 2.9 km away
Parks / Green Space
MORDEN COLLIERY HISTORIC PARK
About 1.3 km away
Class A · 0231 · 00
HEMER PARK
About 3.3 km away
Class A · 0310 · 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: Tue, 16 Jun 2026 10:22:40 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: REMAX Professionals (NA)

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