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Lot 5-2555 East Wellington Rd, Nanaimo, BC, V9R 6W5

MLS® # 973600
Vacant Land For Sale In Westwood, Nanaimo, British Columbia
$999,900
Lot 5-2555 East Wellington Rd, Nanaimo, BC
Lot 5-2555 East Wellington Rd, Nanaimo, BC
Lot 5-2555 East Wellington Rd, Nanaimo, BC
Lot 5-2555 East Wellington Rd, Nanaimo, BC
Lot 5-2555 East Wellington Rd, Nanaimo, BC
Lot 5-2555 East Wellington Rd, Nanaimo, BC
Lot 5-2555 East Wellington Rd, Nanaimo, BC
Lot 5-2555 East Wellington Rd, Nanaimo, BC
Lot 5-2555 East Wellington Rd, Nanaimo, BC
Lot 5-2555 East Wellington Rd, Nanaimo, BC
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MULTIMEDIA

ACTIVE
Lot 5-2555 East Wellington Rd, Nanaimo, BC, V9R 6W5
$999,900

Property Information:

Here is an ultra rare opportunity to own an acreage lot within the City of Nanaimo limits with municipal water. The 2.47 acre vacant lot will be one of six new building lots created out of a 15.75 acre development on the corner of East Wellington and Stobart Rd. Lot 5 is an AR2 zoned and should allow for two dwellings according to current zoning bylaws. The City of Nanaimo has recently ammended AR2 zoning to support an additional division of the land via building strata meaning you may be able to create two 1.25 acre parcels on this single lot. The property will be serviced by City of Nanaimo water, hydro, and natural gas to the lot line. Buyers will install a septic system as part of their improvements. The lot is relatively flat, has views of Mt Benson, has mature trees, and great sun exposure. Information package and developers disclosure statement available upon request. Registration is estimated for Jan 31, 2025.

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $12,656
  • Lot Features: Acreage, Pasture, Private, Quiet Area, Rural Setting
  • Lot Frontage: 107593.2 Square Feet
  • Lot Size: 2.47 Acres
  • Ownership: Freehold
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Sub Type: Land
  • Road Surface Type: Paved
  • View: Mountain(s)
  • Water Source: Municipal
  • Zoning: AR2
  • Zoning Description: Agricultural
  • Sewer: Septic Needed
  • No. of Parking Spaces: 0

Courtesy of: 460 Realty Inc. (NA)

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

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Location of Lot 5-2555 East Wellington Rd, Nanaimo, BC, V9R 6W5

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, Lot 5-2555 East Wellington 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, Lot 5-2555 East Wellington 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 Lot 5-2555 East Wellington Rd, Nanaimo, BC, V9R 6W5

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$118,157.06

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.64 %

High school certificate or equivalent

30.88 %

Apprenticeship trade certificate/diploma

14.82 %

College/non-university certificate

19.74 %

University Degree

17.91 %

Commuter

Travel To Work

By Car

94.59 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

2.71 %

By Other Methods

2.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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