Commercial property for sale

Lot 1 Lofthouse Rd, Nanaimo

$7,500,000 or
$7,500,000 or

Commercial property for sale

Lot 1 Lofthouse Rd, Nanaimo

Features

Lifestyle
919160 7500000 /en/commercial-property~for-sale~nanaimo/919160?view=Summary /en/commercial-property~for-sale~nanaimo/919160/photos 49.1084600000 -123.8108500000 true
Lot Size
5,357,880 sqft
Gross Property Tax
$58.74 /year
Zoning
AG1D
View
Ocean
Additional Features
Acreage, Cleared, Pasture, Quiet Area, Rectangular Lot, Rural Setting

Description

ONE OF A KIND OPPORTUNITY to own a rare piece of VI real estate w/this 120+ acre property that includes 120+ acres of gently sloping agricultural land which has never been farmed and has potential to be granted organic status (buyer to do their own inquiries), 4 separate titled stratified ocean view homes each w/ approx. 1.2 acres of land which all have access to use the approx. 95 acres of CP & a separately titled 23 acre oceanfront parcel w/ 754 feet of waterfront! Build your dream home, set up both agricultural & farm & consider the investment opportunity w/ 4 established homes that each have 180 degrees of ocean, mountain 6 Gulf Island views. This property allows for multiple uses w/ the AGD1 zoning. The sky is the limit with the potential on this property. Purchase can be with or without the 23 acre oceanfront section. All this and the ability to have low farm status tax rates. Can be purchased as share sale. Msmts approx., pls verify if important.
MLS® Number 919160

Listing REALTORS®

Myles Mccullough, REALTOR<sup>®</sup>

Myles Mccullough

REALTOR®

eXp Realty

Jason Simard, REALTOR<sup>®</sup>

Jason Simard

REALTOR®

Location

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  • 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.
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