PRIME MULTI-FAMILY DEVELOPMENT PROPERTY!! This property has recently been rezoned to Old City Medium Density (R15) and will allow for a maximum of 7 units. The upper half of the property will offer mountain, ocean and harbour views while the lower portion is accessible from the paved alley making this ideal for access to off street parking. The walkability and proximity to the downtown and waterfront make this a very desirable area of the Old City. A character home on the property has been nicely updated and currently occupied by long term tenants making this an excellent holding property for future or immediate development. Geotechnical Investigation Report for a proposed residential redevelopment is available upon request. All measurements are approximate and data should be verified if important.
Property Type:
Residential
Type:
Single Family Detached
Year built:
1905
(Age: 118)
Living Area:
906 sq. ft.84.17 m2
Listing General Location:
Na Old City, Nanaimo
Bedrooms:
3
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
10,890.075 sq. ft.1,011.721 m2
Kitchens:
1
Home Style:
Character
Taxes:
$3,559 /
2022
Construction:
Frame Wood, Stucco
New Construction:
No
Basement:
Not Full Height, Unfinished
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Floor finish:
Wood
Total Building Area:
1,365 sq. ft.126.813 m2
Total Unfinished Area:
459 sq. ft.42.642 m2
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
459 sq. ft.42.642 m2
Living Area Main Floor:
906 sq. ft.84.17 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
None
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Nov 24, 2023
Vinyl Frames
Balcony/Patio, Fencing: Full, Garden
Ground Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
10'8"3.25 m × 9'5"2.87 m
Main Floor
Kitchen
19'2"5.84 m × 7'4"2.24 m
Main Floor
Bedroom
9'11"3.02 m × 9'6"2.90 m
Main Floor
Dining Room
12'1"3.68 m × 8'1"2.46 m
Main Floor
Living Room
13'5"4.09 m × 9'1"2.77 m
Main Floor
Bedroom
10'3.05 m × 9'5"2.87 m
Lower Level
Basement
21'11"6.68 m × 16'7"5.05 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
Assessed:
657000.0
Assessment year:
2023
Jurisdiction name:
City of Nanaimo
Legal Description:
Lot A Block 24 Section 1 Nanaimo District Plan EPP95605
To access this listing, please create a free account
Listed by RE/MAX of Nanaimo, pending date Nov 24, 2023
Data was last updated December 1, 2023 at 10:05 PM (UTC)
Area Statistics
Listings on market:
63
Avg list price:
$579,000
Min list price:
$288,000
Max list price:
$2,680,000
Avg days on market:
50
Min days on market:
1
Max days on market:
232
Avg price per sq.ft.:
$583.57
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.