55 Comox Rd

About this home

Prime development opportunity in waterfront downtown Nanaimo! This 11,394 sq.ft. lot, zoned DT-5, allows for high-density, multi-storey 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 buyer's 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 GST (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.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

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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