For Sale: 1625 Bowen Road is a +/- 22,041 square foot (0.51 acre) Residential Corridor (COR-1) zoned development parcel. This central Nanaimo opportunity is situated on the primary Nanaimo thoroughfare 'Bowen Road' and benefits from direct access to school systems, transportation infrastructure, retail/grocery, and nearby parkland. The COR-1 zone provides for residential, street-oriented, medium density, and office development along or near major roads up to a Floor Area Ratio (FAR) of 1.00; if certain development characteristics are met (which are detailed in Schedule D of the Nanaimo Zoning Bylaw), additional density of 0.50 FAR is theoretically achievable. The Nanaimo Re Imagined City Plan designates this site as Residential Corridor which supports mid-rise residential apartments (3-6 storys) to a target density of 100 units per hectare(UPH). The property is owner occupied and currently improved with a Mobile Home; do not access site without coordinating with listing agent (29104462)
Property Type
Vacant Land
Neighbourhood Name
Central Nanaimo
Annual Property Taxes
$7,897.42 (CAD)
Time on REALTOR.ca
5 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. The Canadian Real Estate Association does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.