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4451 & 4471 Burma Rd, Nanaimo, BC, V9T 5X4

MLS® # 976640
new listing
Investment For Sale In Hammond Bay, Nanaimo, British Columbia
$6,750,000
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4451 & 4471 Burma Rd, Nanaimo, BC, V9T 5X4
$6,750,000

Property Information:

This is an exceptional opportunity to acquire a multifamily development site, offering significant scale in the North Nanaimo neighborhood of Nanaimo, B.C. 4451 & 4471 Burma Road is comprised of two parcels: 4451Burma Road - 6.36 acres and 4471 Burma Road - 8.43 acres in size. Both sites are designated Suburban Neighborhood in the official community plan and represent an excellent opportunity for a developer to entitle the lands and develop a variety of potential housing units including single-unit dwellings with / without secondary suites; duplexes; ground-oriented multi-unit dwellings including triplex, fourplex, and townhomes; and small-scale commercial / mixed-use. The Property is surrounded by low density forms of development and sits on the hilltop directly adjacent to the Cottle Lake Linley Valley Park.

Property Features:

  • Annual Tax Amount: $4,737
  • Lot Features: Central Location, Easy Access, Shopping Nearby
  • Lot Frontage: 644252.4 Square Feet
  • Lot Size: 14.79 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: AR2
  • Sewer:

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.

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 4451 & 4471 Burma Rd, Nanaimo, BC, V9T 5X4

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, 4451 & 4471 Burma 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, 4451 & 4471 Burma 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.

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Demographic Information of 4451 & 4471 Burma Rd, Nanaimo, BC, V9T 5X4

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$122,819.83

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.22 %

High school certificate or equivalent

33.29 %

Apprenticeship trade certificate/diploma

8.45 %

College/non-university certificate

18.14 %

University certificate (below bachelor)

1.8 %

University Degree

26.11 %

Commuter

Travel To Work

By Car

91.42 %

By Public Transit

1.79 %

By Walking

2.92 %

By Bicycle

0.39 %

By Other Methods

3.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.37 %

Houses

97.63 %

Own Vs. Rent

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