415 Prideaux St
Nanaimo, BC V9R2N6
$675,000
Property Details
Property & Lot
- Lot size
- 8,712 square feet
- Zoning
- Multi-Family
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $4,277
Interior
- Fireplace
- None
Exterior & Lot
- View
- Ocean view
Parking
- Total spaces
- 4 — uncovered indicated
- Features
- Open
Listing Information
- MLS®
- 1047194
- Listed
- August 18, 2026
- Time on market
- On the market for 13 days
- Data last synced
- August 28, 2026
Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.
Description
Situated on the high side of Prideaux Street in Nanaimo’s sought-after Old City, 415 Prideaux offers an excellent opportunity for builders and developers seeking a development site. This land-only property is zoned DT8 – Old City Mixed Use and benefits from rear lane/alley access. A development permit application has been submitted for a proposed five-unit multi-family townhouse development consisting of two buildings, designed with efficient, attainable construction in mind. An appealing entry-level development opportunity for developers. The elevated location may offer potential views. Conveniently located near downtown Nanaimo, shopping, services, restaurants and transportation. All information, zoning, development potential, dimensions, permits, servicing, plans, costs and proposed uses must be independently verified by the Buyer. The active development permit application does not constitute approval or guarantee future development potential. (id:63159)
Location Insights
Weather
15°C
Partly Cloudy
Humidity 85%
Wind N 2 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
99,863
(2021 Census)
+10.3% since 2016
Density: 1,104.1/km²
Dwellings: 45,138
Median household income: $75,500
After-tax: $68,500
Immigrant population: 16.1%
Top countries of origin (% of total population)
- United Kingdom3.5% · 3,495
- China1.3% · 1,285
- United States of America1.2% · 1,155
- India1.1% · 1,075
- Philippines1% · 1,040
- Germany0.6% · 635
- Korea, South0.5% · 470
- Viet Nam0.5% · 455
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
59
8/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Pauline Haarer Elementary | Elementary | 705 m |
| Bayview Elementary | Elementary | 1.1 km |
| Fairview Elementary | Elementary | 1.1 km |
| Georgia Avenue Elementary | Elementary | 1.2 km |
| Nanaimo District Secondary | Secondary | 1.4 km |
| Secondaire de Nanaimo | Secondary | 1.4 km |
| John Barsby Secondary | Secondary | 1.7 km |
| Learning Alternatives | Secondary | 1.7 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (5+)
- Flavours of India · 486 Franklyn Street173 m
- Black Rabbit Kitchen · 321 Wesley Street214 m
- Le Brunch Café · 366 Selby Street214 m
- Asteras · 347 Wesley Street260 m
- Indian Grill's283 m
Cafes (5+)
- White Rabbit Coffee Co · 321 Selby Street202 m
- Real Food Café · 321 Wesley Street310 m
- Kitties and Cream · 437 Fitzwilliam Street328 m
- Bocca Café · 427 Fitzwilliam Street331 m
- La Isla Café395 m
Grocery (5+)
- Superette265 m
- ManLee Oriental · 385 Terminal Avenue424 m
- The Green Store: Discount Organic · 256 Wallace Street471 m
- Truong Thanh Specialty Asian Grocery701 m
- Thrifty Foods · 650 Terminal Avenue738 m
Parks (5+)
- Pawson Gyro Park · 410 Machleary Street277 m
- Nob Hill Park · 400 Milford Crescent396 m
- Durham Park · 423 Pine Street447 m
- Lions Square Park · 280 Wallace Street457 m
- Chesterlea Park · 343 Chesterlea Avenue498 m
Shopping (2)
- London Drugs · 650 Terminal Avenue693 m
- Port Place Shopping Centre · 650 Terminal Avenue716 m
Gyms (4)
- Iyengar Yoga Nanaimo · 335 Wesley Street283 m
- Force Boxing & Fitness · 165 Fraser Street627 m
- Dolly's Gym · 111 Nicol Street653 m
- Kind Society Yoga710 m
Pharmacies (2)
- Central Drugs311 m
- Wallace Pharmacy682 m
Banks & ATMs (5+)
- Superette Foods - Bitcoin Well ATM · 687 Albert Street259 m
- Scotiabank · 65 Commercial Street485 m
- Scotiabank · 65 Commercial Street501 m
- Royal Bank of Canada · 205 Commercial Street573 m
- Coastal Community Credit Union · 59 Wharf Street579 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.3% ($42,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.





