Other Property for sale

3330/3344 Johnston Rd, Port Alberni

$1,750,000 or
$1,750,000 or

Other Property for sale

3330/3344 Johnston Rd, Port Alberni

Features

Lifestyle
929425 1750000 /en/other-property~for-sale~port-alberni/929425?view=Summary /en/other-property~for-sale~port-alberni/929425/photos 49.2660000000 -124.7815800000 true
Style
Other
Year Built
1951
Floor Area
6,000 sqft
Lot Size
50,530 sqft
Gross Property Tax
$2,786 /year
Amenities
F/S/W/D
View
Other
Additional Features
Acreage

Description

Two flat, deep tandem lots with direct highway access at the epicentre of Port Alberni's rapidly growing commercial core and main Gateway access. Currently holding 2 '50s quads and 2 SFD's. But the latent value is in the land and its ULTRA high visibility location. These 2 properties (with 5 others adjacent and nearby mobile home park) are subject to imminent amalgamation into the City of Port Alberni. A new subdivision is also planned one block away. This package offering is prime for "core use" rezoning, which allows for a mixed uses development as per city's Planning Dept - up to approx. 70% lot coverage. (FAR determined by developer) Walmart and Canadian Tire malls are directly adjacent on the Alberni highway and municipal sewer right at the rear lot line. With dual driveway access, this location is just waiting for your creative mixed-use vision! With new investments in its waterfront and the housing market/infill booming, Port Alberni is by far the most affordable investment on Vancouver Island. Development permits are going before the local council April 22/2024! Be a part of it - https://www.albernivalleynews.com/news/san-group-unveils-1-1-billion-housing-plan-for-port-alberni/ Call for info package Re: developments in the city/services update. All measurements are approximate verify if important.
MLS® Number 929425

Listing REALTORS®

Peter Kent, REALTOR<sup>®</sup>

Peter Kent

REALTOR®

RE/MAX of Nanaimo

Rick Horsland, REALTOR<sup>®</sup>

Rick Horsland

REALTOR®

RE/MAX of Nanaimo

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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