2379 Browns Lane Lane
$1,775,000 | Diver Lake, Nanaimo
About this House
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.
Listed by Sutton Group-West Coast Realty (Nan).
Want to see it for yourself?
Call Shane at 778.585.5010 or fill out the form below.
Features
- MLS®: 1025313
- Type: House
- Bedrooms: 0
- Bathrooms: 1
- Square Feet: 572 sqft
- Lot Size: 42,534 sqft
- Taxes: $9,757.17 (2025)
- Parking: 4 Open
- Fireplaces: 0
- Year Built: 1968
Photos
Photo 1
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