Virtual Tour

Description

Calling all INVESTORS, DEVELOPERS, and MULTI-GENERATIONAL FAMILIES. This 1.6 acre property in Nanaimo is zoned R10 for multi-unit housing and offers various DEVELOPMENT and INVESTMENT options. The 2,113 sq foot home has been nicely updated on both levels and also features an AUTHORIZED 2 bedroom suite downstairs, along with a separate carport and workshop. Keep the home in place and SUBDIVIDE the property to allow for building a 6-8 unit row home development on the subdivided property; tear down the existing home and there is no rezoning needed - BUILD up to 10 R10 homes; or keep the home with suite in place and build an ADDITIONAL HOME for your multi-generational family! Close to schools, shopping and Nanaimo Golf Course. Check out the virtual tour link and book your viewing today.

Taxes (2019): $4,494.13

Similar Listings

548 NELSON STREET
No City Value
$2,250,000
3 bed, 3 bath
Nu Stream Realty Inc.