Development project opportunity!!! . 4 Unit (2 stories/ 2000 sq feet each) upscale townhouse project with underground parking. Preliminary architectural drawings, all engineering, and zoning resolution has already been prepared. Existing concrete structure worth $1m+. Apply for permit and go! (when approved of course). Estimated resale of each townhouse is $800,000- $990,000 each as of Feb 2024. Direct ocean views. Walking/ cycling distance to downtown Nanaimo and new Vancouver passenger ferry service. Easy access by car to BC Ferries, the Trans-Canada Hwy, and the airport. Please DO NOT attempt to view property without listing Realtor. Please request & download info package and engineer reports prior to making an appointment to view. The Seller may look at ''builder's terms' for a reputable buyer-builder. Info Package: https://rem.ax/3UZStod (id:57571)
| MLS® Number | 972667 |
| Property Type | Multi-family |
| Neigbourhood | South Nanaimo |
| Features | Other |
| Parking Space Total | 11 |
| View Type | Ocean View |
| Constructed Date | 1981 |
| Type | Multi-family |
| Acreage | No |
| Size Irregular | 10019 |
| Size Total | 10019 Sqft |
| Size Total Text | 10019 Sqft |
| Zoning Description | R6 |
| Zoning Type | Unknown |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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