About 2379 Browns Lane
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.
Basic Information
| Price | $1,775,000 |
|---|---|
| MLS® # | 1025313 |
| Sub-Type | Single Family Detached |
| Year Built | 1968 |
| Baths | 1.00 |
| Building SqFt | 572 |
| Lot Size | 0.98 Acres |
Location Information
| Address | 2379 Browns Lane |
|---|---|
| Postal Code | V9T 3L5 |
| Area | Nanaimo |
| Sub Area | Diver Lake |
| Jurisdiction | City of Nanaimo |
| PID Number | 031-117-210 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Septic System |
| Heating | Baseboard, Electric |
| Cooling | None |
| Foundation Details | Poured Concrete |
| Property Condition | Land Value Only |
| Laundry | In House |
| Parking | Open |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|