26,304

MLS® Number 460585

Lot For sale

$299,000 or

5471 Norton Road, Nanaimo

Features

460585 299000 /en/lot~for-sale~nanaimo/460585?view=Summary /en/lot~for-sale~nanaimo/460585/photos 49.2323935000 -124.0063029000 true
Lot Size 56,628 sqft
Features View - Mountain, View - Ocean, Cul-De-Sac

Description

Ocean view building lot in prestigious North Nanaimo. Fantastic immediate development with potential for a multi-family project or a single family detached home. Set back from the road, this area is prime real estate with spectacular views of the Winchelsea Islands and Coast Mountains in one of the most sought-after neighbourhoods in town. This location also features some of the most breathtaking sunsets on the coast. Zoned for residential building, and surrounded by luxury homes, this property is located just off Hammond Bay Road and is in the catchment area for the most desirable schools in town. It's just moments to Woodgrove Mall, a variety of popular restaurants and retail shops, and all major amenities. The area is also abundant with parks, including Neck Point, Pipers Lagoon, and Linley Valley/Cottle Lake, where residents can enjoy the outdoors all year long.
John Cooper

John Cooper

eXp Realty

Contact me

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299,000
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Estimated property transfer tax

1% of $200,000
2% of remaining value up to and including $2,000,000
3% of remaining portion over $2,000,000
Total Tax Payable

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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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