COMMERCIAL - RESIDENTIAL MIXED USE DEVELOPMENT SITE OFFERED WELL BELOW ASSESSED VALUE - Commercial, Residential, multi-family, live/work, mixed use development property located in a commercial and residential area of the Old City quarter ready for your development ideas. Newly constructed neighbouring townhome development with a small commercial component has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. Substantial vendor financing is available at attractive terms and rates for a qualified buyer.
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated November 5, 2025 at 07:30 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$589,900
Min list price:
$23
Max list price:
$2,850,000
Avg days on market:
125
Min days on market:
6
Max days on market:
560
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by the MLS® system.
