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$ 395,900
Est. payment | /mo
6,054 Sqft Lot
$ 395,900
Est. payment | /mo
6,054 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision South Nanaimo
MLS® Listing ID 1003429
Lot Size 6,054 Sqft
Acres 6054.0
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
Property Description
Attention Builders & Investors – Profitable Development Opportunity! Here's your chance to secure an affordable, flat, and sun-drenched 50' x 120' vacant lot just 5 minutes from all the key amenities in South Nanaimo and Chase River. With full services to the lot line and dual access via Victoria Rd and a rear laneway, this property offers incredible versatility for your next project. Zoned R5, this lot is eligible under new BC legislation to accommodate up to 4 units—ideal for two full homes with secondary suites or a main residence plus a carriage home. Whether you're a developer or a savvy investor looking to build equity and generate rental income, this is a golden opportunity to build in a rapidly growing area. Enjoy the convenience of nearby schools, shopping, and transit in a location that balances urban access with a neighborhood feel. Measurements and data are approximate; buyers to verify if important. Don't miss out—your next income-generating project starts here! (id:24570)
Location
Province BC
Zoning Residential
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N Yes
View City view, Mountain view
Total Parking Spaces 4
Private Pool No
Others
Ownership Freehold
Listed by Sutton Group-West Coast Realty (Nan)
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