Vancouver Island Farms & Acreage // 250-746-6621 // blairherbert@royallepage.ca

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2980 Lofthouse Rd in Cassidy: Na Cedar Multi Family for sale (Nanaimo) : MLS®# 1018566

2980 Lofthouse Rd Cassidy V9X 1N6 : Na Cedar

*DISCLOSURE* This is a rendering for illustrative purposes only and is provided to help visualize the potential of this property.
$13,500,000
Prop. Type:
Commercial Sale
MLS® Num:
1018566
Status:
Active
Exceptional 120 acre oceanfront estate, seamlessly connected to Cedar by the Sea in South Nanaimo. Strata titled with strong existing revenue & impressive development potential, zoning supports agriculture, equestrian, livestock, or vineyard ventures. Ideal for multigenerational living, a private retreat, or visionary investment, with potential to reinstate farm status for major tax savings. Includes 5 ocean view homes: 3 single family and 1 duplex on 1.2 acre titles, one with farm infrastructure. Each lot may add suites & carriage homes, offering up to 12 income streams. The crown jewel is a 23 acre oceanfront parcel with 754 ft of accessible shoreline, private driftwood beach, & sweeping Gulf Island views. Offered as a complete corporate sale with 5 titles & 95 acres of cleared common area suited for livestock or crops, just 10 minutes from Nanaimo’s full range of amenities. Don't miss this rare chance to own a stunning, irreplaceable piece of Vancouver Island’s untouched coastline.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Cedar, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure120.001 acre(s)
Taxes:
Number of Storeys:
1
Ceiling Heights:
Switch units of measure
Total Building Area:
Switch units of measure9,735 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Zoning:
AG1
Units in Building:
Units in Community:
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Oct 29, 2025
Original Price:
1.35E7
Listed by Engel & Volkers Vancouver Island North
Data was last updated November 23, 2025 at 02:05 PM (UTC)
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.