431 Maple St

About this home

Here's a rare chance to build in Brechin Hill, one of Nanaimo's best-connected neighbourhoods. This 7,800 sq ft lot is zoned R5 for Small-Scale Multiple Family Residential, opening the door to up to four units, all subject to City of Nanaimo approval. With a lot this size, there's real room to work with on design and layout, whether you're ready to build now or prefer to hold for later. The property is sold for land value only, with the existing structure to be demolished. That makes this an ideal canvas for your next project, free of the compromises that come with renovating an older home. The location is hard to beat. The lot backs right onto Barney Moriez Park, and you're just a 7-minute walk to the Departure Bay BC Ferry Terminal. Seair float plane service and the marina are steps away, and the Harbourfront Seawall, waterfront restaurants, and pubs are all close by. Terminal Park Plaza covers your everyday shopping needs, and families will appreciate the Cilaire Elementary and Wellington Secondary catchment. Buyers are responsible for their own due diligence with the City of Nanaimo regarding zoning, permitted uses, and development potential. All measurements are approximate and should be verified by the buyer if important. (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

1. Jun 19, 2026

   Listed $450,000

   Active10 days on marketMLS 1040587

2. Dec 18, 2023

   $400,000

   Sold21 days on marketMLS 948136

3. Aug 23, 2023

   $340,000

   Sold9 days on marketMLS 938352

Current market in Nanaimo

Buyer's market — 38.8 months of supply at the current sales pace.

Assessment

From publicly available property records.

• Lot A-7131 Peterson Rd

  $600,000

  — · — · — · 2 days on market

  Sold Jun 29, 2026 · 104.3% of list

• 7901 Ridge Rd

  $650,000

  — · — · — · 50 days on market

  Sold May 29, 2026 · 96.3% of list

• 7120 Ocean Blue Pl

  $768,600

  — · — · — · 73 days on market

  Sold May 28, 2026 · 103.9% of list

• 4854 Dixon Lane

  $400,000

  — · — · — · 22 days on market

  Sold May 22, 2026 · 92% of list

• Lot 1 Fawcett Rd

  $360,000

  — · — · — · 32 days on market

  Sold May 11, 2026 · 90% of list

• 2316 Sparrow Lane

  $415,000

  — · — · — · 302 days on market

  Sold Apr 30, 2026 · 99.8% of list

• 510 Vancouver Ave

  $360,000

  — · — · — · 75 days on market

  Sold Apr 29, 2026 · 83.9% of list

• 5356 Dewar Rd

  $599,000

  — · — · — · 17 days on market

  Sold Apr 27, 2026 · 100% of list

• 3104 Elsie Lake Cir

  $260,000

  — · — · — · 57 days on market

  Sold Apr 16, 2026 · 93.2% of list

• 2300 Sparrow Lane

  $395,000

  — · — · — · 456 days on market

  Sold Apr 8, 2026 · 98.8% of list

• 4848 Dixon Lane

  $420,000

  — · — · — · 238 days on market

  Sold Apr 2, 2026 · 96.6% of list

• 2131 Henderson Lake Way

  $239,000

  — · — · — · 86 days on market

  Sold Mar 27, 2026 · 100% of list

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