1303 Junction Ave, Nanaimo, BC, V9R 6R6

$2,500,000

MLS® # 966085

House For Sale In Five Acres, Nanaimo, British Columbia

$2,500,000

  • 3

    Bedrooms

  • 2

    Baths

  • 1.42 Acres

    Lot Size

Property Information:

Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.

Property Features:

  • Bedrooms: 3
  • Bathrooms: 2
  • Annual Tax Amount: $4,774
  • Basement: Finished
  • Built in: 1960
  • Construction Materials: Frame Wood, Insulation All, Vinyl Siding
  • Cooling: Air Conditioning
  • Exterior Features: Balcony/Deck, Balcony/Patio, Fenced
  • Floor Space (approx): 3159 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Electric, Heat Pump, Heat Recovery
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: In House
  • Lot Features: Acreage, Cleared, Easy Access, Irregular Lot, Level, Rural Setting, Serviced, Shopping Nearby
  • Lot Frontage: 61855.2 Square Feet
  • Lot Size: 1.42 Acres
  • Ownership: Freehold
  • Parking Features: Additional Parking, Detached, Driveway, Garage Double, RV Access/Parking
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • Property Sub Type:
  • Road Surface Type: Paved
  • Roof: Fibreglass Shingle
  • Water Source: Municipal
  • Window Features: Vinyl Frames
  • Zoning: R1
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 8

Rooms:

  • Bedroom Main Level 3.05 m x 4.01 m
  • Other Main Level 11.91 m x 5.94 m Note: Garage
  • Living Main Level 5.49 m x 3.96 m
  • Storage Other level :Lower 4.85 m x 5.46 m
  • Bedroom Main Level 3.66 m x 3.73 m
  • Bathroom Other level :Lower
  • Bathroom Main Level
  • Kitchen Main Level 5.54 m x 4.24 m
  • Other Main Level 1.37 m x 1.37 m Note: Entrance
  • Family Room Other level :Lower 7.09 m x 5.38 m

Courtesy of: RE/MAX of Nanaimo

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.

Additional Photos