Houses For Sale Nanaimo Area
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Houses For Sale Nanaimo Area

$899,999 · Multi-Family Development Opportunity!

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  • # of Bedrooms4
  • # of Bathrooms2
  • Square Footage1366
  • MLS Number955455 & 955453

Incredible Investment Opportunity! Two legal lots for sale in the coveted University District. Endless possibilities await with multi-family development potential. The Official City Plan for this area is R7 or R8 zoning, making this a developer's dream. These lots are perfect for townhouses or apartment-style condominiums. One of the lots includes a charming 1961-built home featuring 4 bedrooms, 2 bathrooms, and a main level entry with a walk-out basement. Perfect for rental income while re-zoning. Located just five minutes from downtown, and a short stroll to recreation, shopping, transit and all levels of schools including VIU. Buyer to verify zoning and development potential. Measurements approximate, please verify if important. Jacky Prevost | Realtor Sims Real Estate Group powered by eXp Realty

Ad #
40303162
Posted
September 6, 2023
Renewed
August 12, 2024
Expiry
September 11, 2024
Status
SOLD
Details
Commercial Seller
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