Views
Address
1015 Park Ave, Nanaimo, BC
Price
$ 2,380,000
Property Attributes
- MLS#1037842
- TypeLot-Land
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa South Nanaimo
- Postal CodeV9R 4J5
- StyleLand
- Taxes$ 11186
- Price$ 2,380,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size4.74 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description
Prime 4.74-acre multi-family development opportunity in South Nanaimo, located within a rapidly growing neighbourhood surrounded by newer residential construction. Zoned R10 with a Suburban Neighbourhood OCP designation, the property offers attractive territorial views and strong potential for a variety of ground-oriented residential development concepts. City staff have confirmed a maximum permitted density of up to 23 dwelling units under the existing zoning, based on the surveyed developable area. The OCP supports low-rise residential forms including single-family homes, duplexes, tri-plexes, four-plexes, and townhomes, subject to City approvals. A previously approved 14-unit development permit demonstrates established development viability, while updated topographical information indicates a larger developable area than previously identified. Technical reports and supporting materials are available to qualified buyers. Buyers should verify servicing and development possibilities.
General Features
| Sewer | Sewer Available |
|---|---|
| Pets Allowed | Aquariums,Birds,Caged Mammals,Cats,Dogs |
| Zoning | R10 |
| View | City,Mountain(s) |
| Property Subtype | Land |
| Property Type | Residential |
| Zoning Type | Multi-Family |
Exterior Features
| Lot Features | Acreage,Central Location,Corner,Easy Access,Family-Oriented Neighbourhood,Park Setting,Quiet Area,Recreation Nearby,Shopping Nearby,Southern Exposure,Wooded Lot,See Remarks |
|---|---|
| Water Source | Municipal |
| Lot Size Square Feet | 206474.00 |
| Lot Size Acres | 4.74 |
| View YN | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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