1303 Junction Ave, Nanaimo, BC V9R 6R6

$2,500,000
3
BD
2
BA
2,337
SqFt

Courtesy of RE/MAX of Nanaimo

List Price
$2,500,000
Bedrooms
3
Sq. Ft
2,337
Acres
1.42
Year Built
1960
Subdivision
Na Chase River

Property Description

Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.

Additional Information

Style
M Lev Ent w/Bsmt
Lot Size
61,855
Interior Features
Ceiling Fan(s)
Lot Features
Road - Paved, Acreage, Easy Access, Level Lot, Rural Setting, Shopping Nearby, Cleared, Irregular Lot, Serviced
Parking Type
Additional Parking, Detached, Driveway, Garage Double, RV Access/Parking
Heating
Electric, Heat Pump, Heat Recovery
Cooling
Air Conditioning
Office Name
RE/MAX of Nanaimo

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing content Copyright 2024 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.