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$999,900
Est. payment /mo
0.32 Acres Lot
Active
1441/1445 Montrose Ave Nanaimo, BC V9S3H8
UPDATED:
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