Salehian.com 647-325-5000

1015 Park Ave

South Nanaimo, Nanaimo, BC, V9R4J5

Listed by Sutton Group-West Coast Realty (Nan)

$1,999,000

Photo 1 of 10Photo 2 of 10Photo 3 of 10Photo 4 of 10Photo 5 of 10Photo 6 of 10Photo 7 of 10Photo 8 of 10Photo 9 of 10Photo 10 of 10
  • 0 bedrooms
  • 0 bathrooms

Listed 26 days ago · MLS® 1050851

About this home

DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density potential of up to 36 townhouse units. The Suburban Neighbourhood OCP designation supports up to 25 units/ha. With site-specific rezoning approval, preliminary concepts indicate the property could potentially accommodate up to 36 townhomes. A 2024 topographic survey and slope analysis identify approximately 1.463 ha of developable area. Concept layouts explore building placement, access and grading in response to site constraints, giving developers a solid starting point to assess feasibility and design. Due-diligence materials include survey, slope and geotechnical information, terrain modelling and concept plans. Minutes from VIU, transit, schools, shopping and major routes, this is an opportunity to pursue a higher-density townhouse project in Nanaimo. Concepts and unit counts are preliminary; all development is subject to purchaser due diligence and required municipal approvals. (id:66966)

Details

Type
Vacant Land
Property tax
$11,838
Neighbourhood
South Nanaimo
Municipality
Nanaimo

Interior

Fireplace
No

Location

Location is approximate. See nearby homes on the map

Listed by Sutton Group-West Coast Realty (Nan).

Powered by: REALTOR.ca

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Similar homes nearby

See more in Nanaimo