
55 Comox Rd
$650,000
Old City
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About this home
Prime development opportunity in waterfront downtown Nanaimo! This 11,394 sq ft lot zoned DT-5 allows for high - density multi story residential with compatible commercial uses. Enjoy stunning ocean views and picturesque vistas of Maffeo Sutton Park, with direct access to parks and the seawall, steps from vibrant downtown amenities. The seller has completed a survey and provides a detailed proposal for a 6 storey, 21 unit condominium with underground parking, designed to maximize ocean views and integrate with the urban landscape ( for buyers reference only ) Priced to sell, this is a rare chance for developers to create a landmark project in Nanaimo's coveted waterfront downtown area. Price plus tax. (id:65179)
Property details
From the listing's public record.
Lot size
11,326 square feet
Taxes
$13,631/yr
Zoning
Unknown
Lot
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Apr 1, 2026
Listed $650,000
Active89 days on marketMLS 1030738Jan 7, 2026
Listed $650,000
Active173 days on marketMLS 1022612Jun 30, 2017
$276,000
Sold79 days on marketMLS 749952Jul 31, 2015
Listed $300,000
Expired550 days on marketMLS 710189
How this listing compares
Based on 12 sales in NanaimoMedian sold
$718,500
Avg days on market
36 days
Avg sale-to-list
96.1%
Avg $/sqft
$337
Current market in Nanaimo
Active (same type)
20
Pending
1
All active listings
926
Months of supply
20
Buyer's market — 20 months of supply at the current sales pace.
Assessment
From publicly available property records.
Homes in Nanaimo sell at 97.4% of assessed value on average.
Based on 12 recent sales.
Local price trend
How Old City has moved over the last decade.
Local price index (normalized) · 5 months
Recent nearby sales
7 sales2148 Dodds Rd
$715,000
4 bd · 2 ba · 1,760 sqft · $406/sqft · 54 days on market
Sold Jun 15, 2026 · 96.6% of list
5858/5856 Annsobel Cir
$753,500
6 bd · 4 ba · 2,632 sqft · $286/sqft · 37 days on market
Sold Jun 5, 2026 · 100.5% of list
5997/6001 Hammond Bay Rd
$1,075,000
9 bd · 6 ba · 4,440 sqft · $242/sqft · 33 days on market
Sold Jun 4, 2026 · 97.7% of list
1140 Beaufort Dr
$685,000
4 bd · 2 ba · 1,870 sqft · $366/sqft · 18 days on market
Sold Jun 3, 2026 · 97.9% of list
604 Kennedy St
$1,600,000
10 bd · 5 ba · 6,593 sqft · $243/sqft · 31 days on market
Sold Mar 31, 2026 · 92.5% of list
502 Elizabeth St
$635,000
4 bd · 4 ba · 1,556 sqft · $408/sqft · 45 days on market
Sold Jan 29, 2026 · 90.7% of list
103/105 Duggan Pl
$722,000
6 bd · 4 ba · 2,640 sqft · $273/sqft · 44 days on market
Sold Jan 6, 2026 · 93.2% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.