Lot for sale

Lot B 4732 Laguna Way, Nanaimo

$459,900 or
$459,900 or

Lot for sale

Lot B 4732 Laguna Way, Nanaimo

Features

Lifestyle
964320 459900 /en/lot~for-sale~nanaimo/964320?view=Summary /en/lot~for-sale~nanaimo/964320/photos 49.2288700000 -123.9807200000 true
Lot Size
7,000 sqft
Gross Property Tax
$3,752.76 /year
Zoning
R-1
Amenities
Accessible Entrance, Ground Level Main Floor, No Step Entrance, Primary Bedroom on Main, Wheelchair Friendly
View
Ocean
Additional Features
Quiet Area, Rectangular Lot, Serviced, Shopping Nearby, Southern Exposure

Description

Discover this rare opportunity to own an ocean view building lot in the highly sought-after North Nanaimo neighbourhood of Hammond Bay. With recent upcoming zoning changes, there is now potential to build up to 4 dwellings on this lot—buyer to confirm with the city. This opens up the possibility of creating a multi-generational living space or generating income by renting out the additional units as a lucrative investment property. Situated between Neck Point Park and Linley Valley, this location offers easy access to some of the most beautiful beaches in the area. Whether you enjoy hiking, beach-combing, or simply relaxing by the ocean, you’ll find it all just minutes from your doorstep. Additionally, modern amenities such as shopping centers, schools, and the ferry terminal are conveniently close, ensuring you won’t have to sacrifice convenience for natural beauty. Each lot is 7000 sqft and is partially cleared, providing a perfect canvas to build your dream home, while still retaining mature trees that offer privacy and create a commanding entrance to the property. The lot backs onto parkland and green space, offering serene surroundings and natural beauty that make it an ideal spot for a custom retreat. Imagine designing a backyard oasis where you can unwind and enjoy the tranquility of nature right in your own home. The property is fully serviced with city water, hydro, gas, and sewer connections already in place, making it ready for development. All measurements are approximate and should be verified if important. The dimensions and sizes mentioned are based on architectural measurements. E&OE.* Option for build to suit/custom home if Buyer would like to work with the Seller's builder to bring your dream home to life. *Price is plus GST.
MLS® Number 964320

Listing REALTOR®

Siya Herman, REALTOR<sup>®</sup>

Siya Herman

REALTOR®

Oakwyn Realty Ltd. (NA)

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

$
$
%
459,900 $
%
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 35540
Back top