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103 Lotus Pinnatus Way, Nanaimo, BC, V9R 4A7

MLS® # 977145
Investment For Sale In Westwood, Nanaimo, British Columbia
$10,750,000 QuickQuoteTM: Not Available
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC  - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC  - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC  - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC  - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
103 Lotus Pinnatus Way, Nanaimo, BC - Outdoor With View
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103 Lotus Pinnatus Way, Nanaimo, BC, V9R 4A7
$10,750,000

Property Information:

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.

Property Features:

  • Annual Tax Amount: $21,800
  • Lot Features: Acreage, Central Location, Irregular Lot
  • Lot Frontage: 3941308.8 Square Feet
  • Lot Size: 90.48 Acres
  • Ownership: Freehold
  • Property Sub Type: Multi Family
  • Zoning: R-10

Courtesy of: Colliers International (Nan)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 103 Lotus Pinnatus Way, Nanaimo, BC, V9R 4A7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 103 Lotus Pinnatus Way , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past
29℃
2050
31.9℃

# Hot Days Per Year

Past
7
2050
20

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

93/100

High

ClimateCheck®

Current data

This property, 103 Lotus Pinnatus Way , experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past
569.5mm
2050
660mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 103 Lotus Pinnatus Way, Nanaimo, BC, V9R 4A7

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$99,083.49

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.54 %

High school certificate or equivalent

34.68 %

Apprenticeship trade certificate/diploma

10.1 %

College/non-university certificate

19.86 %

University certificate (below bachelor)

1.57 %

University Degree

19.25 %

Commuter

Travel To Work

By Car

96.25 %

By Public Transit

1.12 %

By Walking

0.99 %

By Bicycle

0.0 %

By Other Methods

1.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.45 %

Houses

99.55 %

Own Vs. Rent