450 B Irwin St

450 B Irwin St · Nanaimo, South Nanaimo · Vacant Land · $399,000 · MLS 996514

Nanaimo, British Columbia · Neighbourhood: South Nanaimo
C$399,000
For sale
450 B Irwin St

450 B Irwin St is located in Nanaimo (South Nanaimo). Property snapshot: Vacant Land, listed at $399,000, MLS 996514. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 117. Latest recorded list price 399000.00.

List Price: $399,000
MLS: 996514
Days on Site: 117
Price History: Latest recorded list price 399000.00

Local Decision Guide

How should buyers evaluate 450 B Irwin St?

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 450 B Irwin St?

This page shows a list price of $399,000 with MLS 996514.

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

The page shows Vacant Land at 450 B Irwin St. 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 117 days on market/site. Latest recorded list price 399000.00.

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

Approved Development Opportunity – South Nanaimo 10 Townhouse like condos + 2 Commercial Units. Located in vibrant South Nanaimo, 450 & 460 Irwin Street offer a rare and ready-to-go development opportunity. Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future. The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the layout includes Unit 1: 1,000 sf + balcony (2 bedrooms), Unit 2: 758 sf + balcony (1 bedroom), Unit 3: 485 sf (1 bedroom), Unit 4: 660 sf + balcony, Unit 5: 660 sq ft + balcony + commercial space. The innovative design ensures appropriate parking for residents and supports much-needed ''missing middle'' housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes. This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing. (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
6,204 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 28220789 (996514)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$399,000

Lot Area: 6,204 sf

PID: 001-747-291

Days on Site: 117 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-06-02 02:04 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
About 874.2 m away
About 1.1 km away
650 Terminal Avenue, Nanaimo
Shopping Centres
About 1.1 km away
650 Terminal Avenue
About 1.3 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Tue, 02 Jun 2026 01:43:11 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Real Broker

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