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943679 970000 /en/house~for-sale~nanaimo/943679?view=Summary /en/house~for-sale~nanaimo/943679/photos 49.1632200000 -123.9459100000 true
Main Level Entry With Upper Level(s)
Gross Property Tax
Central Location, Family-Oriented Neighbourhood, Recreation Nearby, Shopping Nearby
Attention all developers and investors! Opportunity Knocks in Old City. The door is whatever you build beyond it! Welcome to a once-in-a-lifetime opportunity in the heart of beautiful and historical Old City Quarters in Nanaimo, BC! If you're a developer looking for the perfect opportunity, then this listing is for you. This RARE legal double lot property is waiting for your future development and the possibilities are endless! The property is currently zoned R13 Duplex/multi-family, giving you the flexibility to build whatever your heart desires. And if you're worried about the hassle of removing the existing single-family home on the larger lot, don't be! The home is situated in such a way that you can start building immediately with approvals from the city. But that's not all, the city is currently encouraging higher density in the Official Community Plan (OCP), which means a higher density rezone or a property line variance could be in the cards for you. This is an opportunity you do not want to miss! So, if you're a developer with a vision, don't wait! Contact us today for a full information package and be prepared to make your dream a reality. With this rare property, your possibilities are endless, and you don't want to be left behind. Don't miss out on the chance of a lifetime! All measurements are approximate.MLS® Number 943679
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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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