550 Pythian Lane
$532,000
Nanaimo
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About this home
Sold at land value only. Large 9,585 square foot lot with southern exposure, overlooking the City Centre. The land is ready for redevelopment for an impressive single-family home or can be developed for multifamily use under the existing zoning. The immediate area is being renewed with larger, modern residential development. Lot area is 67.5 sq ft by 142 sq ft. The adjacent lot at 530 Pythian Lane is also available for purchase. The two lots are matching in area, rectangular shape, and access, with each providing 9,585 square feet of development land (total of 19,170 square feet). (id:65179)
Property details
From the listing's public record.
Lot size
9,585 square feet
Taxes
$3,489/yr
Zoning
Unknown
Lot
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Dec 1, 2025
Listed $532,000
Active210 days on marketMLS 1021412Nov 28, 2025
Listed $532,000
Active213 days on marketMLS 1021308
How this listing compares
Not enough recent sales in this area for reliable stats.
Current market in Nanaimo
Active (same type)
5
Pending
0
All active listings
23
Months of supply
—
Assessment
From publicly available property records.
Assessed value
$527,000
Land
$423,000
Improvements
$104,000
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by NAI Commercial (Victoria) Inc.