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878 Park Ave in Nanaimo: Na South Nanaimo Multi Family for sale : MLS®# 945844
Rezoning R10 to R6 submitted and plans for 32 townhomes in a cluster of 7 buildings containing 2 to 6 units. Application for DP not yet submitted. The design proposes 18 - 4-bedroom townhomes, 9 - 3-bedroom Rowhouses, and 5 - 2-bedroom flats for a total of approx. 45,000 of floor area on a site of 4.04 acres. Parking Stalls per unit are 2 (Provided as a mix of in-suite garages, driveways, parking stalls and tandem stalls.) Visitor Stalls: 4, Total Stalls: 68. The site backs onto a natural riparian area which provides for privacy, peace, and tranquility. Amenities are mere minutes away such as shopping, restaurants, aquatic centre for recreation and Vancouver Island University providing more than 120 programs, from graduate and undergraduate degrees to trades diplomas and certificates for 12,000 students (12% Indigenous and 12% international) as well as close proximity to downtown and transit. Contact listing agent for info packageMore details
Prime redevelopment site located in Nanaimo's "South End", offering the potential to construct up to four stories. This presents a rare opportunity for developing ocean views. The property is zoned CC2 Neighbourhood Centre, making it an ideal development parcel situated at the heart of the evolving Nanaimo Downtown area.
Benefiting from convenient transportation options, including access to Vancouver via ferries, seaplanes, and Helijet, this location offers seamless connectivity. Don't miss out on the chance to be part of Nanaimo's urban renewal plan from the outset, and unlock future value!More details
Opportunity to hold a great piece of property in the ever expanding South Nanaimo. Zoned I-l with a long term national tenant this property provides a good income and return. Single tenant, flat lot and great access points. Phase 1 Environmental report available.More details
This is a 3 unit property with a full sized rancher (1146sf) and SxS duplex (891sf/side) close to parks, shopping, schools, recreational facilities and VIU. It currently gets market rent on a duplex side; the rancher and other duplex are vacant and can obtain market rent. The rancher is 3 bedrooms with a living room, dining room, and kitchen, with a large front deck and distant ocean and city views. Recently rented for $2380/m. The east side of the duplex is a 1 bedroom and den, laundry, kitchen, dining and living room areas. It was recently updated and boasts a front deck with views. The west side is currently rented for $1611/m; it is 1 bedroom, with deck and views. Net of operating costs approx. 5.7% cap rate. An ideal principal residence rent the duplex. A 474sf detached shop is nestled behind the rancher. Abundant parking on this 18,000 sf lot. Backs onto Morrell Nature Sanctuary with trails to Westwood Lake. All measurements are approximate and should be verified if important.More details
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. Info Package: https://rem.ax/3UZStodMore details