* Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo! This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city. Building designs are for artistic purposes only and should not be relied on. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
4
Bathrooms
2
Features
Central location, Other
Listing Contract Date
2024-08-23
Municipal ID
002-621-291
Ownership Type
Freehold
# of Parking Spaces
4
Plan
VIP9500
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R4
Zoning
Duplex
Building
Constructed Date
1956
Cooling Type
None
Heating Fuel
Electric
Heating Type
Forced air
Total Finished Area
1689 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Bathroom
Main level
4-Piece
Bedroom
Main level
Measurements not available x 10 ft
Bedroom
Main level
11 ft x 10 ft
Kitchen
Main level
Measurements not available x 10 ft
Dining room
Main level
12'11 x 8'1
Living room
Main level
16 ft x Measurements not available
Bathroom
Main level
4-Piece
Bedroom
Main level
Measurements not available x 10 ft
Bedroom
Main level
11 ft x 10 ft
Kitchen
Main level
Measurements not available x 10 ft
Dining room
Main level
12'11 x 8'1
Living room
Main level
16 ft x Measurements not available
Parking Spaces
Name
Spaces
Stall
Land
Total Size
14000 square feet
Size of Irregular Land
14000
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