Multifamily Site Alert: R8 Multifamily zoned property with a beautiful rancher one block to Nanaimo's renowned seawall with a water view, currently rented for $2500+utilities to wonderful tenants. Close to Departure bay ferry terminal, bus route, shopping centre, all levels of schools, parks, highways. This property comes with plans of 30+ units 1 & 2 bedroom units with beautiful ocean views. Seller is in process of applying for the permits (closing can be negotiated post DP/BP). Currently 2 bedrooms+ Den, 1 bathroom, spacious living room with a wood burning fireplace, wonderful floor plan. The house is in exceptional shape. Lots to love in this house including the in-laid character wood flooring, lighting + detailing huge courtyard type doors to verendah. The front and backyards feature several mature trees and bushes. All measurements are approximate and should be verified if important. Also MLS
Data was last updated October 14, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$725,000
Min list price:
$299,900
Max list price:
$2,700,000
Avg days on market:
74
Min days on market:
3
Max days on market:
245
Avg price per sq.ft.:
$517.36
These statistics are generated based on the current listing's property type
and located in
Na Brechin Hill. Average values are
derived using median calculations.