8 acres with a creek for sale in Nanaimo, BC
$550,000 · Nanaimo, British Columbia · 12 km from Parksville (nearest town of 10,000+)
Advertised on Zillow as “LOT 23 Pratt Rd, Nanaimo, BC V9K 1W6”
What the full version adds for this lot: its exact value check, how it suits building, recreation, investment and timber or farming, and its total cost to buy for your buyer profile.
Try it free for 24 hours- AcreScout's value model estimates a price per acre for this lot from the nearest listings of about the same size and rates it near market: between 25% below and a third above that estimate.
- Whether non-residents or non-Canadians pay more or need approval: who can buy in British Columbia.
- In AcreScout, the ad is read for problems it mentions (no road access, boat-only access, wetland, flooding, zoning limits, leasehold or shared ownership), with the sentence behind each note.
- Listed September 10, 2026.
- Internet: 50/10 Mbps or faster available within about 1 km (ISED National Broadband Data).
- Across Canada, lots of 7.5–15 acres are typically listed at $250,000 ($25,500/ac). Prices for every lot size
- Estimate the land transfer tax at this price.
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Next steps
- Lawyer or notary. A real estate lawyer (a notary in Quebec) searches the title for liens, easements and rights-of-way and handles the transfer. Rural land carries more of these than a house in town.
Access Pro Bono legal referral service - Survey. Rural boundaries are often old or unmarked. A land surveyor shows where the lines really are, whether the access road crosses a neighbour's land, and how many acres you are buying.
Association of BC Land Surveyors members - Well. Bare land rarely has a tested well. A licensed well contractor knows typical depths and yields nearby and what drilling costs.
Registered well drillers (GWELLS) - Septic. Without town sewer you need a septic system, and the soil has to suit one. Have a designer or installer look before you buy: poor soil can make a lot costly or impossible to build on.
ASTTBC registered onsite wastewater practitioners - Financing and insurance. Most home lenders finance a house plus about 5 acres and want a bigger down payment on bare land. A licensed mortgage broker knows which lenders take land (credit unions and, for farm land, Farm Credit Canada). Arrange insurance before you take possession.
BCFSA mortgage broker search · Insurance Council of BC licensee directory
Check whether the lot is in the Agricultural Land Reserve (ALR): the Agricultural Land Commission limits subdividing, extra homes and non-farm uses there.
Official directories and regulators' searches, not recommendations; nobody pays us to be listed. Links checked October 1, 2026. Can I buy land here? covers ownership limits and taxes for your situation.
Land of about this size in Regional District of Nanaimo
| Listing | Price | Acres | Per acre | Water | Value |
|---|---|---|---|---|---|
| 10 acres Qualicum Beach |
$349,000 | 10 | $34,970/ac | below market | |
| 11 acres Gabriola Island |
$499,000 | 11 | $45,488/ac | below market | |
| 10.5 acres Lot 1 · Qualicum Beach |
$549,000 | 10.5 | $52,286/ac | near market | |
| 6 acres on the ocean Lot 7 · Mudge Island |
$399,900 | 6 | $66,209/ac | Oceanfront | near market |
| 7 acres Lot C · Hilliers |
$498,000 | 7 | $71,143/ac | below market | |
| 7.2 acres Gabriola Island |
$635,000 | 7.2 | $88,194/ac | near market | |
| 9.6 acres on a lake Lot 5 · Nanaimo |
$875,000 | 9.6 | $91,432/ac | Lakefront | near market |
| 10.1 acres Bowser |
$2,000,000 | 10.1 | $199,005/ac | above market |
Each listing's value check compares it with the nearest listings of about the same size, so one lot can rate above market at a lower price per acre than another elsewhere in the region.
All 281 listings in Regional District of Nanaimo · British Columbia