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$899,000
Est. payment /mo
1 Bath
1,758 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,758 sqft
Price per Sqft $511
Subdivision Old City
MLS® Listing ID 973729
Originating Board Vancouver Island Real Estate Board
Year Built 1922
Lot Size 0.324 Acres
Acres 14117.0
Property Description
Attention all developers and investors! Opportunity Knocks in Old City. The door is whatever you build beyond it! Welcome to a once-in-a-lifetime opportunity in the heart of beautiful and historical Old City Quarters in Nanaimo, BC! If you're a developer looking for the perfect opportunity, then this listing is for you. This RARE legal double lot property is waiting for your future development and the possibilities are endless! The property is currently zoned R13 Duplex/multi-family, giving you the flexibility to build whatever your heart desires. And if you're worried about the hassle of removing the existing single-family home on the larger lot, don't be! The home is situated in such a way that you can start building immediately with approvals from the city. But that's not all, the city is currently encouraging higher density in the Official Community Plan (OCP), which means a higher density rezone or a property line variance could be in the cards for you. This is an opportunity you do not want to miss! So, if you're a developer with a vision, don't wait! Contact us today for a full information package and be prepared to make your dream a reality. With this rare property, your possibilities are endless, and you don't want to be left behind. Don't miss out on the chance of a lifetime! All measurements are approximate. (id:24570)
Location
Province BC
Zoning Residential
Rooms
Extra Room 1 Main level 3-Piece Bathroom
Interior
Cooling None
Exterior
Garage No
Waterfront No
View Y/N Yes
View Ocean view
Total Parking Spaces 2
Private Pool No
Others
Ownership Freehold