
867 Old Victoria Rd
$269,000
Chemainus
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About this home
Victoria Estates is a brand-new R1 single-family subdivision in Nanaimo featuring 20 freehold strata lots with $0 strata fees and full underground services. Each lot is geotechnically prepared, level, and build-ready, offering a streamlined construction process and rear lane access for flexible home design. Lots range at approximately 5,900+ sq ft with excellent southern exposure, making them ideal for custom two-storey homes, main-level entry with basement, and options for no suite, one-bedroom, or two-bedroom rental suites. There is no building scheme, allowing builders and end users greater freedom in design and long-term use. This development represents some of the best-priced building lots currently available in Nanaimo, with individual lot purchases or a rare six-lot package opportunity (855, 859, 863, 867, 871, 875 Old Victoria Rd), making it highly attractive for builders, investors, or strategic land assembly build-out. Victoria Estates is centrally located close to schools, parks, trails, shopping centres, restaurants, and Downtown Nanaimo, with quick access to major highways, BC Ferries, seaplanes, and Nanaimo Airport. Ideal for commuters and future homeowners alike. Nanaimo continues to experience strong population growth, infrastructure investment, and housing demand, positioning these lots as an excellent buy-and-hold land investment or immediate build opportunity in a rapidly expanding city. (All measurements, data, info approximate, buyer to verify if fundamental to purchase.) (id:65179)
Property details
From the listing's public record.
Lot size
4,942 square feet
Taxes
$1,831/yr
Strata / HOA
$0/month
Zoning
Residential
Community
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jan 20, 2026
Listed $269,000
Active160 days on marketMLS 1022514
How this listing compares
Based on 17 sales in ChemainusMedian sold
$390,000
Avg days on market
70 days
Avg sale-to-list
95.9%
Avg $/sqft
$390
Current market in Chemainus
Active (same type)
14
Pending
0
All active listings
81
Months of supply
9.9
Buyer's market — 9.9 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$276,000
Land
$276,000
Improvements
$0
Homes in Duncan sell at 99.6% of assessed value on average.
Based on 103 recent sales.
Local price trend
How Chemainus has moved over the last decade.
Local price index (normalized) · 107 months
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.