R5-zoned 10,000+ sq ft lot in North Uplands with clear duplex potential and long-term upside. Elevated site with established rock exposure offers a solid building base and natural separation from the street. Ideal for a side-by-side or up/down duplex design that fits today’s sub-$1M product target, while avoiding the added costs and timelines of multi-unit permitting. Located minutes to North Nanaimo amenities, schools, and transit. Servicing at the lot line (buyer to verify). A practical opportunity for builders focused on efficient construction, controlled costs, and achievable resale in a proven neighbourhood.
Address
5384 Colbourne Dr
List Price
$479,900
Property Type
Residential
Type of Dwelling
Land
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Uplands
Lot Size
10834 Sq. Ft.
Lot Size (Acres)
0.25 Ac.
MLS® Number
1033393
Listing Brokerage
Sutton Group-West Coast Realty (Nan)
Postal Code
V9T 6M6
Tax Amount
$2,847.00
Tax Year
2025
Amenities
Corner Lot, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood