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Return to: Central Nanaimo
2379 Browns Lane
Nanaimo
V9T 3L5
$1,775,000
Residential
beds: 0
baths: 1.0
572 sq. ft.
built: 1968
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1025313
- Bathrooms:
- 1
- Year Built:
- 1968
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2379 Brown’s Lane presents a rare multi-family development opportunity in a central Nanaimo location, with a Development Permit already approved for 21 family-oriented townhomes. The entitlement work is complete, offering a meaningful jump-start and significantly reduced development risk. The site is well positioned near schools, shopping, transit routes, employment centres, and healthcare services—key drivers of long-term end-user demand. The approved density and layout align with proven absorption trends for townhome product in the area. Construction timing allows a developer to build through the current market cycle with anticipated completion aligning with improved market conditions. An excellent opportunity for builders or investors seeking clarity, certainty, and a strategic path forward in a well-established neighbourhood.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1968 (Age: 58)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 572 sq. ft.
- Listing General Location:
- Na Diver Lake, Nanaimo
- Bedrooms:
- 0
- Bathrooms:
- 1.0 (Full:-/Half:-)
- Lot Size:
- 0.976 acre(s)
- Kitchens:
- 0
- Taxes:
- Signup
- Construction:
- Frame Wood
- Basement:
- Crawl Space, None
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Ceiling Heights:
- Signup
- Total Building Area:
- 572 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # 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:
- 1
- # 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
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 572 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Septic System
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
- Signup
- Ground Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- 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
- Occupancy:
- Tenant
- Property Condition:
- Land Value Only
- Exposure / Faces:
- North
- Layout:
- Rancher
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Open
- Total Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- Feb 05, 2026
- Original Price:
- 1775000.0
-
Photo 1 of 1
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated February 6, 2026 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 37
- Avg list price:
- $718,000
- Min list price:
- $250,000
- Max list price:
- $1,099,000
- Avg days on market:
- 86
- Min days on market:
- 8
- Max days on market:
- 473
- Avg price per sq.ft.:
- $405.65
These statistics are generated based on the current listing's property type
and located in
Na Diver Lake. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- JOE SQUIRE
- ONE PERCENT REALTY LTD. (DUNC)
- 250-802-5899
- Contact by Email
