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NANAIMO LAND FOR SALE

Nanaimo Land For Sale

Find the newest raw land listings in Nanaimo, BC, today! Are you looking to buy the perfect piece of land to build your dream home on? Or maybe you’re a real estate investor looking to invest in some undeveloped BC land? Whether you are going to develop the land as an end-user or as an investor, there are many beautiful locations on Vancouver Island including Parksville land for sale.

For more information on condos for sale in Nanaimo, BC please call Denise today at 250.248.9996 or Contact Us.

Nanaimo Land For Sale

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550 Pythian Lane
Na Central Nanaimo Nanaimo V9S 1A9

$532,000
Residential beds: 0 baths: 0.0

Main Photo: 550 Pythian Lane in Nanaimo: Na Central Nanaimo Land for sale : MLS®# 1021308
Photo 1: 550 Pythian Lane in Nanaimo: Na Central Nanaimo Land for sale : MLS®# 1021308
Photo 2: 550 Pythian Lane in Nanaimo: Na Central Nanaimo Land for sale : MLS®# 1021308
Photo 3: 550 Pythian Lane in Nanaimo: Na Central Nanaimo Land for sale : MLS®# 1021308
Status:
Active
Prop. Type:
Residential
MLS® Num:
1021308
Sold at land value only. Large 9,585 square foot lot with southern exposure, overlooking the City Centre. The land is ready for redevelopment for an impressive single-family home or can be developed for multifamily use under the existing zoning. The immediate area is being renewed with larger, modern residential development. Lot area is 67.5 sq ft by 142 sq ft. The adjacent lot at 530 Pythian Lane is also available for purchase. The two lots are matching in area, rectangular shape, and access, with each providing 9,585 square feet of development land (total of 19,170 square feet).
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
9,585 sq. ft.
Kitchens:
0
Taxes:
Ceiling Heights:
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
City
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R5
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lot Site Features:
Central Location, Cleared, Cul-De-Sac, Level, Recreation Nearby, Shopping Nearby, Southern Exposure
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
3
Road Frontage Type:
Lane
Road Surface Type:
Paved
Total Units:
Date Listed:
Nov 26, 2025
Original Price:
532000.0
  • Photo 1: 550 Pythian Lane in Nanaimo: Na Central Nanaimo Land for sale : MLS®# 1021308
    Photo 1 of 3
  • Photo 2: 550 Pythian Lane in Nanaimo: Na Central Nanaimo Land for sale : MLS®# 1021308
    Photo 2 of 3
  • Photo 3: 550 Pythian Lane in Nanaimo: Na Central Nanaimo Land for sale : MLS®# 1021308
    Photo 3 of 3
Larger map options:
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Listed by NAI Commercial (Victoria) Inc.
Data was last updated December 16, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
71
Avg list price:
$549,900
Min list price:
$195,000
Max list price:
$2,499,900
Avg days on market:
53
Min days on market:
4
Max days on market:
225
Avg price per sq.ft.:
$414.13
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DENISE DUMBRELL
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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Nanaimo Land For Sale on Vancouver Island

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