2379 Browns Lane Lane

$1,775,000 | Diver Lake, Nanaimo

2379 Browns Lane, 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).

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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