Multi-family for sale

4451 & 4471 Burma Rd, Nanaimo

$6,750,000 or
Contact the REALTOR®
Multi-family for sale in Nanaimo, North Nanaimo, 4451 & 4471 Burma Rd, 976640 | Realtylink.org
Multi-family for sale in Nanaimo, North Nanaimo, 4451 & 4471 Burma Rd, 976640 | Realtylink.org Multi-family for sale in Nanaimo, North Nanaimo, 4451 & 4471 Burma Rd, 976640 | Realtylink.org
$6,750,000 or

Multi-family for sale

4451 & 4471 Burma Rd, Nanaimo

Features

Lifestyle
976640 6750000 /en/multi-family~for-sale~nanaimo/976640?view=Summary /en/multi-family~for-sale~nanaimo/976640/photos 49.2255300000 -123.9816700000 true
Lot Size
644,252 sqft
Gross Property Tax
$4,737.21 /year
Zoning
AR2
Additional Features
Central Location, Easy Access, Shopping Nearby
Total no. of Units
2
16

Description

This is an exceptional opportunity to acquire a multifamily development site, offering significant scale in the North Nanaimo neighborhood of Nanaimo, B.C. 4451 & 4471 Burma Road is comprised of two parcels: 4451Burma Road - 6.36 acres and 4471 Burma Road - 8.43 acres in size. Both sites are designated Suburban Neighborhood in the official community plan and represent an excellent opportunity for a developer to entitle the lands and develop a variety of potential housing units including single-unit dwellings with / without secondary suites; duplexes; ground-oriented multi-unit dwellings including triplex, fourplex, and townhomes; and small-scale commercial / mixed-use. The Property is surrounded by low density forms of development and sits on the hilltop directly adjacent to the Cottle Lake Linley Valley Park.
MLS® Number 976640

Listing REALTORS®

Jason Winton, REALTOR<sup>®</sup>

Jason Winton

REALTOR®
250-740-1060

Colliers International (Nan)

Brad Archibald, REALTOR<sup>®</sup>

Brad Archibald

REALTOR®
250-740-1060

Colliers International (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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