1441/1445 Montrose Ave, Nanaimo, BC, V9T 5N2

$999,900

MLS® # 973894

House For Sale In Departure Bay, Nanaimo, British Columbia

$999,900

  • 4

    Bedrooms

  • 2

    Baths

  • 14000.00 Square Feet

    Lot Size

Property Information:

*Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo!* This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city.

Property Features:

  • Bedrooms: 4
  • Bathrooms: 2
  • Annual Tax Amount: $4,739
  • Basement: Crawl Space
  • Built in: 1956
  • Construction Materials: Frame Wood, Vinyl Siding
  • Cooling: None
  • Exterior Features: Balcony/Deck
  • Floor Space (approx): 1689 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Electric, Forced Air
  • Laundry Features: In Unit
  • Lot Features: Central Location, Landscaped, Near Golf Course
  • Lot Frontage: 14000 Square Feet
  • Lot Size: 14000.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Roof: Fibreglass Shingle
  • Water Source: Municipal
  • Zoning: R4
  • Zoning Description: Duplex
  • Sewer:
  • No. of Parking Spaces: 4

Rooms:

  • Bathroom Main Level
  • Bedroom Main Level 3.35 m x 3.05 m
  • Living Main Level 4.88 m x 3.17 m
  • Kitchen Main Level 3.71 m x 3.05 m
  • Dining Main Level 3.94 m x 2.46 m
  • Kitchen Main Level 3.71 m x 3.05 m
  • Bedroom Main Level 2.46 m x 3.05 m
  • Bathroom Main Level
  • Bedroom Main Level 3.35 m x 3.05 m
  • Living Main Level 4.88 m x 3.17 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