BC > Nanaimo
Nanaimo, BC V9R 4J5,1015 Park Ave
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Nanaimo, BC V9R 4J5,1015 Park Ave
Nanaimo, BC V9R 4J5,1015 Park Ave
Nanaimo, BC V9R 4J5,1015 Park Ave
Nanaimo, BC V9R 4J5,1015 Park Ave
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Dustin Miller

Dustin Miller

+1(778) 678-9815
$ 3,300,000
Est. payment /mo
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1015 Park Ave Nanaimo, BC V9R 4J5

4.74 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 994213

Rental Info Unrestricted

Annual Tax Amount $4,998

Tax Year 2024

Lot Size 4.740 Acres

Acres 4.74

Property Sub-Type Unimproved Land

Property Description

Prime Multi-Family Development Opportunity in South Nanaimo. This is an exceptional 4.74-acre development site in one of Nanaimo's fastest-growing neighborhoods, surrounded by newly built million-dollar homes. A now expired development permit for a multi-family development, consisting of 14 single-family homes, was approved in 2017, but a new survey supports up to 23 single-family homes or stacked townhouses with the current R10 zoning. And the City may allow site-specific density up to 35 units with a feasible site design meeting zoning guidelines. And the Citywide Parking Review is expected to ease parking requirements, adding more potential benefits. Ideally located near transit, schools, shopping and VIU, this is an opportunity to provide modern, affordable homes in a highly desirable location. Due diligence reports available to serious buyers.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning R10

Interior

Inclusions Real Estate

Exterior

View Y/N Yes

View City, Mountain(s)

Building

Lot Description Acreage, Central Location, Corner, Easy Access, Family-Oriented Neighbourhood, Park Setting, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure, Wooded Lot, See Remarks

Water Municipal

Others

Pets Allowed Yes

Tax ID 026-876-795

Ownership Freehold

Virtual Tour https://youtu.be/Vo-bE6tczgo

Listed by Sutton Group-West Coast Realty (Nan)
agent

Dustin Miller

Broker | License ID: 166888

+1(778) 678-9815

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