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55 Comox Rd

$650,000

Old City

Multifamily— · — · —173 days on market

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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

Central locationPartially cleared

Price history

4 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Apr 1, 2026

    Listed $650,000

    Active89 days on marketMLS 1030738
  2. Jan 7, 2026

    Listed $650,000

    Active173 days on marketMLS 1022612
  3. Jun 30, 2017

    $276,000

    Sold79 days on marketMLS 749952
  4. Jul 31, 2015

    Listed $300,000

    Expired550 days on marketMLS 710189

How this listing compares

Based on 12 sales in Nanaimo

Median 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 market20 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.

264388512Aug 2016Aug 2021Apr 2022

Local price index (normalized) · 5 months

Recent nearby sales

7 sales
  • 2148 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

More on this listing

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