Multi-family for sale

103 Lotus Pinnatus Way, Nanaimo

$10,750,000 or
$10,750,000 or

Multi-family for sale

103 Lotus Pinnatus Way, Nanaimo

Features

Lifestyle
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Lot Size
3,941,309 sqft
Gross Property Tax
$21,800.92 /year
Zoning
R-10
Additional Features
Acreage, Central Location, Irregular Lot
7

Description

One of the last large residential development sites in Nanaimo at approximately 90.48 acres. The site features unobstructed views of the City of Nanaimo and the vibrant Nanaimo coastline. The current owner has completed extensive work and studies on the property, and submitted an application to the City of Nanaimo in 2023 contemplating a 10 lot subdivision. The owners conceptual plans propose a mix of housing including single family homes, duplexes, townhouses and condominium units. Ideally situated above the Nanaimo Parkway, ensuring easy access to Harewood district amenities and 10 minutes from downtown Nanaimo. Upon signing an NDA, access will be provided to an extensive data room containing all site studies and applications.
MLS® Number 977145

Listing REALTORS®

Brad Archibald, REALTOR<sup>®</sup>

Brad Archibald

REALTOR®

Colliers International (Nan)

Jason Winton, REALTOR<sup>®</sup>

Jason Winton

REALTOR®

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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