DEVELOPERS ALERT! This Oceanview property has been rezoned R6 for multi-family purposes and sits on a half-acre lot — envision up to seven modern townhomes in a highly sought-after North Nanaimo location. Zoning allows multiple styles of mulit family dwellings, including townhomes, duplex's, detached duplex's, duplex's with suite or homes with suites. A builder is allowed up to 10,000 sqft of buildable interior space. The property currently includes a 1,300 sq ft rancher, fully wheelchair accessible, with 2 bedrooms, 2 bathrooms, an open-concept living area, and a spacious kitchen and dining space. Additional features include laundry, pantry, mudroom, and a two-car garage. Outside, the private backyard offers plenty of space for kids, gardening, and entertaining. With 200-amp service and RV parking, this property blends development potential with a comfortable, accessible home, all just minutes from shopping, dining, parks, and other North Nanaimo amenities — an ideal combination of lifestyle and investment.
Address
5378 Rutherford Rd
List Price
$849,900
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na North Nanaimo
Lot Size
21344 Sq. Ft.
Lot Size (Acres)
0.49 Ac.
MLS® Number
1032962
Listing Brokerage
460 Realty Inc. (NA)
Postal Code
V9T 5N9
Tax Amount
$5,780.00
Tax Year
2025
Features
Hot Water, Mixed, Natural Gas, Radiant Ceiling
Amenities
Central Location, Easy Access, Family-Oriented Neighbourhood, Garden, Recreation Nearby, Serviced, Shopping Nearby