C$3,500,000

Located in the desirable North Nanaimo area, 5300 Williamson Rd presents a unique development opportunity on 4.89 acres of predominantly flat land, directly across from Frank Ney Elementary School and adjacent to Harry Wipper Park. This prime location offers easy access to the Walley Creek Trail, making it ideal for multi-family residential development. The property is designated for low-density development under the Official Community Plan (OCP), aligning with the city's long-term vision for growth. With proximity to schools, parks, and recreational areas, this site is perfectly positioned to meet the increasing demand for housing in this thriving neighbourhood. Developers should engage with city planners to fully explore the property's potential for future development (id:41202)