Multi-family for sale

1226 Lawlor Rd, Nanaimo

$3,000,000 or
$3,000,000 or

Multi-family for sale

1226 Lawlor Rd, Nanaimo

Features

Lifestyle
952755 3000000 /en/multi-family~for-sale~nanaimo/952755?view=Summary /en/multi-family~for-sale~nanaimo/952755/photos 49.1324800000 -123.9230500000 true
Floor Area
4,000 sqft
Lot Size
76,230 sqft
Gross Property Tax
$8,498 /year
Zoning
R12
Amenities
Balcony/Deck, Basement
Additional Features
Acreage, No Through Road, Shopping Nearby
Total no. of Units
3

Description

Investment/redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home/RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home , 8 RV, 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Rull package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.
MLS® Number 952755

Listing REALTOR®

Ken Welte, REALTOR<sup>®</sup>

Ken Welte

REALTOR®

Sutton Group-West Coast Realty (Nan)

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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