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Nanaimo,BC V9R 1V3
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 872 sqft
Price per Sqft $527
MLS Listing ID 999221
Style Main Level Entry with Lower Level(s)
Bedrooms 2
Rental Info Unrestricted
Year Built 1948
Annual Tax Amount $3,233
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Single Family Detached
Property Description
Opportunity knocks! Just steps from Vancouver Island University, this COR1-zoned property offers huge potential for redevelopment. The Planning Department of the City of Nanaimo has indicated that a single-family home with a suite and a carriage house would be permitted on this lot. The flat lot also supports uses like daycare or office space. While the current home may need significant work, the location and land value make this a standout investment. Priced well below assessed value—don't miss this chance to capitalize on a prime, centrally located lot. Bring your ideas, your clients, and your offers! Data is approximate; verify if integral.
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning C0R1
Rooms
Basement Unfinished
Main Level Bedrooms 2
Kitchen 1
Interior
Heating Baseboard,Electric
Cooling None
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Heat Source Baseboard,Electric
Laundry In House
Exterior
Parking Features Driveway
Roof Type Fibreglass Shingle
Total Parking Spaces 2
Building
Lot Description Level,Shopping Nearby
Faces South
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Additional Building None
Structure Type Frame Wood
Others
Pets Allowed Yes
Tax ID 005-941-393
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs