C$999,800

5320 Dewar Rd, Nanaimo BC, V9T 3G3

Price per sqftC$74.31

Lot size0.31 Acres

Property typeLand

Courtesy of REMAX Professionals (NA)

Overview

Active

Listed Sep 9, 2026

Updated 12 days ago

Rare Ocean View Development Opportunity in North Nanaimo! Perched high in the prestigious Ocean View Terrace neighbourhood, this exceptional 13,454 SF lot offers breathtaking panoramic views of the Salish Sea, stretching from Downtown Vancouver & the Coastal Mountains to the Sunshine Coast. Enjoy stunning sunsets over the Winchelsea Islands and ever-changing ocean scenery from your future dream home. This expansive property also presents excellent subdivision potential, with the possibility to create two or more building lots (buyer to verify with the City of Nanaimo), making it an attractive opportunity for builders, developers, or investors. Located in one of North Nanaimo’s most desirable neighbourhoods, just minutes to top-rated schools, shopping, restaurants, beaches, parks, and recreation. A rare chance to secure a premium ocean-view property with development potential in a highly sought-after location. Price plus GST. All measurements are approximate, be verified if important.

Additional information

MLS^® ID: 1049004

Exterior Features

Lot Size: 0.31 Acres

Other Property Details

Taxes: $6,053
Tax Frequency: Annually
Pets Allowed: Yes

Courtesy of REMAX Professionals (NA), Julie Liang

Listing Contact: 250-667-8890

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