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1625 Bowen Rd, Nanaimo, BC, V9S 1G7

MLS® # 994031
Vacant Land For Sale In Northfield, Nanaimo, British Columbia
$1,575,000
1625 Bowen Rd, Nanaimo, BC
1625 Bowen Rd, Nanaimo, BC
1625 Bowen Rd, Nanaimo, BC
1625 Bowen Rd, Nanaimo, BC
1625 Bowen Rd, Nanaimo, BC
1625 Bowen Rd, Nanaimo, BC
1625 Bowen Rd, Nanaimo, BC, V9S 1G7
$1,575,000

Property Information:

For Sale: 1625 Bowen Road is a +/- 22,041 square foot (0.51 acre) Residential Corridor (COR-1) zoned development parcel. This central Nanaimo opportunity is situated on the primary Nanaimo thoroughfare 'Bowen Road' and benefits from direct access to school systems, transportation infrastructure, retail/grocery, and nearby parkland. The COR-1 zone provides for residential, street-oriented, medium density, and office development along or near major roads up to a Floor Area Ratio (FAR) of 1.00; if certain development characteristics are met (which are detailed in Schedule D of the Nanaimo Zoning Bylaw), additional density of 0.50 FAR is theoretically achievable. The Nanaimo Re Imagined City Plan designates this site as Residential Corridor which supports mid-rise residential apartments (3-6 storys) to a target density of 100 units per hectare(UPH). The property is owner occupied and currently improved with a Mobile Home; do not access site without coordinating with listing agent

Property Features:

  • Annual Tax Amount: $7,897
  • Lot Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Near Golf Course, Recreation Nearby, Serviced, Sidewalk, Sloped
  • Lot Frontage: 22041 Square Feet
  • Lot Size: 0.51 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: COR-1

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 1625 Bowen Rd, Nanaimo, BC, V9S 1G7

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

19 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 1625 Bowen Rd , experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 19 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past
28.6℃
2050
31.4℃

# Hot Days Per Year

Past
7
2050
19

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

15 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 1625 Bowen Rd , experiences 13 significant 2-day storms per year, with about 733.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 841.4mm of precipitation per year.

Precipitation Per Storm

Past
733.1mm
2050
841.4mm

48-Hour Storms Per Year

Past
13
2050
15

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 1625 Bowen Rd, Nanaimo, BC, V9S 1G7

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$87,855.46

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.13 %

High school certificate or equivalent

36.07 %

Apprenticeship trade certificate/diploma

6.28 %

College/non-university certificate

21.47 %

University certificate (below bachelor)

0.74 %

University Degree

20.31 %

Commuter

Travel To Work

By Car

85.72 %

By Public Transit

4.42 %

By Walking

6.97 %

By Bicycle

0.0 %

By Other Methods

2.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.29 %

Houses

52.71 %

Own Vs. Rent