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Choose a REALTOR®
Listing REALTOR®
Raj Banga, REALTOR<sup>®</sup>

Raj Banga

REALTOR®

Sutton Group-West Coast Realty (Nan)

Choose a REALTOR®
Listing REALTOR®
Raj Banga, REALTOR<sup>®</sup>

Raj Banga

REALTOR®

Sutton Group-West Coast Realty (Nan)

Lot for sale

155 Fry St, Nanaimo

$3,500,000 or
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Lot for sale in Nanaimo, Old City, 155 Fry St, 992831 | Realtylink.org
Lot for sale in Nanaimo, Old City, 155 Fry St, 992831 | Realtylink.org Lot for sale in Nanaimo, Old City, 155 Fry St, 992831 | Realtylink.org Lot for sale in Nanaimo, Old City, 155 Fry St, 992831 | Realtylink.org Lot for sale in Nanaimo, Old City, 155 Fry St, 992831 | Realtylink.org
$3,500,000 or

Lot for sale

155 Fry St, Nanaimo

NANAIMO

Features

Lifestyle
992831 3500000 /en/lot~for-sale~nanaimo/992831 /en/lot~for-sale~nanaimo/992831 /en/lot~for-sale~nanaimo/992831/photos 49.1583500000 -123.9296200000 true
Lot Size
34,444 sqft
Gross Property Tax
$11,969.59 /year
Zoning
COR 2
View
Mountain(s), Ocean
Additional Features
Adult-Oriented Neighbourhood, Central Location, Cleared, Corner, Easy Access, Family-Oriented Neighbourhood, Gated Community, Level, Marina Nearby, Park Setting, Private, Private Island, Quiet Area, Rural Setting, Serviced, Sloping

Description

Introducing a rare and exclusive investment opportunity at 155 Fry St, located in the thriving Harbour View District—a destination that combines urban sophistication with the serene beauty of coastal living. Set on a 0.79-acre parcel, this prime development site comes fully prepared for immediate construction. With a building permit already approved for a five-story multi-family project featuring an underground parkade, investors can bypass the lengthy pre-development phase and begin construction without delay. This meticulously planned project offers an exceptional mix of 58 residential units, designed to provide comfortable, modern living environments that capture stunning ocean views and urban energy alike. Complementing the residential component is an 1,825-square-foot commercial space strategically positioned to enhance the property’s appeal and provide essential services to future residents. Every element of this project has been handled with precision—comprehensive analysis, thorough planning, and careful procurement have been completed, and all required permits have been granted, ensuring a seamless transition from planning to development. Noteworthy amenities include underground parking with EV charging stations, secure bike storage, and state-of-the-art infrastructure investments, reflecting a commitment to sustainable and efficient urban living. Moreover, the property benefits from a five-year tax exemption, adding significant financial advantages and enhancing its long-term investment appeal. Ideally situated within walking distance of downtown amenities and the picturesque waterfront, this development is poised to become a landmark in a rapidly revitalizing area. This is your chance to invest in a turnkey opportunity that melds quality, convenience, and exceptional returns in a community that values both heritage and innovation. Seize the moment and secure your place in the future of urban coastal living at 155 Fry St.
MLS® Number 992831
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Listing REALTOR®

Raj Banga, REALTOR<sup>®</sup>

Raj Banga

REALTOR®
250-616-7000 250-756-2112

Sutton Group-West Coast Realty (Nan)

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  • 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.
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