CABCNanaimoFive Acres1015 Park Ave
1015 Park Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Nanaimo BC | Image 1
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$3,300,000

1015 Park Ave, Nanaimo, BC

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $4,998
Days Active 40
Approx. Age 
MLS® Number 994213

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
-
No Data
Walk Score®
-
No Data
Transit Score®
-
No Data
Bike Score®
MLS® Number994213
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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