$525,000

Investment For Sale In City Center/Protection Island, Nanaimo, British Columbia

$525,000

Property Information:

Don’t miss this cute single-family home with incredible development potential! Perfect for first-time home buyers or savvy investors, this delightful property has undergone extensive renovations, including new flooring, fresh paint, and updated bathrooms. The R14 zoning unlocks endless possibilities for multi-family development, even offering stunning ocean views! Imagine six townhomes with a garden terrace or stacked townhomes featuring balconies overlooking the sea. With street and alley access, the options are limitless. Don’t miss this unique opportunity! Schedule your private tour today!

Property Features:

  • Annual Tax Amount: $2,702
  • Floor Space (approx): 1812 Square Feet
  • Lot Frontage: 4792 Square Feet
  • Lot Size: 4792.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family

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.