3 Bedroom
1 Bathroom
1100 Sqft
Fireplace
See Remarks
Baseboard Heaters
$2,499,900
Exceptional Development Opportunity in Nanaimo! An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island’s fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area. Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city’s high demand for quality rental housing ensures strong long-term value and income potential. Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location.Measurements approx, Buyer to verify if fundamental to purchase (id:57571)
Property Details
|
MLS® Number
|
1002032 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
Central Nanaimo |
|
Features
|
Other, Marine Oriented |
|
Parking Space Total
|
1 |
Building
|
Bathroom Total
|
1 |
|
Bedrooms Total
|
3 |
|
Constructed Date
|
1904 |
|
Cooling Type
|
See Remarks |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
1 |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Size Interior
|
1100 Sqft |
|
Total Finished Area
|
1060 Sqft |
|
Type
|
House |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Size Irregular
|
0.5 |
|
Size Total
|
0.5 Ac |
|
Size Total Text
|
0.5 Ac |
|
Zoning Description
|
Rm-5 |
|
Zoning Type
|
Multi-family |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
Living Room |
|
|
19'6 x 11'8 |
|
Main Level |
Laundry Room |
|
8 ft |
Measurements not available x 8 ft |
|
Main Level |
Kitchen |
|
10 ft |
Measurements not available x 10 ft |
|
Main Level |
Dining Room |
8 ft |
|
8 ft x Measurements not available |
|
Main Level |
Bedroom |
|
|
9'8 x 8'3 |
|
Main Level |
Bedroom |
12 ft |
|
12 ft x Measurements not available |
|
Main Level |
Bedroom |
|
12 ft |
Measurements not available x 12 ft |
|
Main Level |
Bathroom |
|
|
4-Piece |
