103 Lotus Pinnatus Way

103 Lotus Pinnatus Way · Nanaimo, South Nanaimo · Multi-Family · $5,900,000 · MLS 1013534

Nanaimo, British Columbia · Neighbourhood: South Nanaimo
C$5,900,000
For sale
103 Lotus Pinnatus Way

103 Lotus Pinnatus Way is located in Nanaimo (South Nanaimo). Property snapshot: Multi-Family, listed at $5,900,000, MLS 1013534. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 94. Latest recorded list price 5900000.00; 2

List Price: $5,900,000
MLS: 1013534
Days on Site: 94
Price History: Latest recorded list price 5900000.00; 2 price change(s) on file

Local Decision Guide

How should buyers evaluate 103 Lotus Pinnatus Way?

Start by reading this listing in its Nanaimo South Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 103 Lotus Pinnatus Way?

This page shows a list price of $5,900,000 with MLS 1013534.

What type of home is this Nanaimo, South Nanaimo listing?

The page shows Multi-Family at 103 Lotus Pinnatus Way. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 94 days on market/site. Latest recorded list price 5900000.00; 2 price change(s) on file.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Offered “as-is, where-is,” this property is being sold under a conduct of sale with no representations or warranties. All offers must include Schedule A and are subject to court approval. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. All information and measurements are approximate and must be verified if important. (id:56153)

Property Details

Multi-Family
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Status: active

Listing ID: 28855199 (1013534)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$5,900,000

Days on Site: 94 days

Added to Relistico: 2026-03-28

Updated on: 2026-05-25 11:02 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Quality Foods
About 1.2 km away
867 Bruce Avenue
Country Grocer
About 1.9 km away
82 Twelfth Street, Nanaimo
Shopping Centres
Southgate Shopping Centre
About 1.8 km away
50 Tenth Street
South Parkway Plaza
About 1.9 km away

Price History

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Last Updated: Mon, 25 May 2026 10:23:56 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Royal LePage Nanaimo Realty (NanIsHwyN)

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