$599,000

Vacant Land For Sale In Chase River/ Duke Point / South End, Nanaimo, British Columbia

$599,000

Property Information:

Prime Development Opportunity in Nanaimo This exceptional nearly one-acre (.98) vacant lot presents an unparalleled opportunity for discerning builders and land developers. Situated in a thriving family-oriented community and directly across from an Elementary School, this property is currently zoned R5, offering extensive possibilities for multi-family new construction. With the city’s favorable stance towards higher density (subject to approval), this is an ideal location for innovative development. Seize this chance to contribute to the growth of Nanaimo while creating a legacy in a sought-after neighborhood.

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $4,074
  • Lot Features: Level, Southern Exposure
  • Lot Frontage: 42201 Square Feet
  • Lot Size: 0.98 Acres
  • Ownership: Freehold
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Sub Type: Land
  • Road Surface Type: Paved
  • Utilities: Electricity Connected
  • Water Source: Municipal
  • Zoning: R5
  • Zoning Description: Residential
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 0

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.