1441/1445 Montrose Ave Active

Nanaimo,BC V9S3H8

$ 999900

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Departure Bay

MLS Listing ID 975250

Originating Board Vancouver Island Real Estate Board

Lot Size 0.321 Acres

Acres 14000.0

Property Description

* Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo! This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city. Building designs are for artistic purposes only and should not be relied on. (id:24570)

Location

Province BC

Zoning Unknown

Interior

Heating Forced air,

Exterior

Garage No

Waterfront No

View Y/N Yes

View Mountain view,Ocean view

Private Pool No

Others

Ownership Freehold

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