Commercial Land for sale

1072 Cedar Rd, Nanaimo

$5,850,000 or
Commercial Land for sale in Nanaimo, Cedar, 1072 Cedar Rd, 936458 | Realtylink.org
$5,850,000 or

Commercial Land for sale

1072 Cedar Rd, Nanaimo

Features

Lifestyle
936458 5850000 /en/commercial-land~for-sale~nanaimo/936458?view=Summary /en/commercial-land~for-sale~nanaimo/936458/photos 49.1213600000 -123.9007200000 true
Lot Size
574,121 sqft
Gross Property Tax
$10,557 /year
Zoning
R2
Additional Features
Acreage, Easy Access
1

Description

1072 CEDAR RD &1512 FREW RD. 13.19 ACRE SMALL LOT SINGLE FAMILY DEVELOPMENT SITE. Comprising two legal parcels the properties are accessed from both Cedar Road running north - south and Frew Road (east - west). Together the contiguous parcels create an L-shape that is generally flat with a gentle slope upward following Frew Road towards the center of the site. The site is currently vacant and primarily forested and is adjacent to a portion of the future Sandstone master planned development. In 2012 a preliminary layout acceptance (PLA) was granted by the City of Nanaimo (expired Jan 2020) for a 90 lot development with lot sizes ranging from 3,100 to 6,800 square feet in size.
MLS® Number 936458

Listing REALTOR®

Jason Winton, REALTOR<sup>®</sup>

Jason Winton

REALTOR®

Colliers International (Nan)

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Calculate mortgage payments

$
$
%
5,850,000 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
1 1 26213
Back top