One of the last remaining larger parcels in the Diver Lake area with excellent lake views. This 1.38 acre parcel is zoned R1 (Single Dwelling Residential) which is intended to provide for low density, single residential dwelling developments and also two principle dwellings on certain corner lots. The lot is conventional in shape and offers 2 road frontages providing a wider range of development options. The property is located within an established neighbourhood with close proximity to arterial road networks, public transportation, schools, shopping, parks, trails and recreational amenities. City of Nanaimo Official Community Plan, the property is designated ‘Neighbourhood’. The ‘Neighbourhood’ designation is to maintain the character and livability of existing neighbourhoods, while also encouraging increased housing choices. Given the location and OCP designation, the property is well suited for rezoning to higher density. Buyer to verify with the municipality. The property offers an older character home equipped with 3 bedrooms 1 bathroom with over 1500 sq ft of living space offering fantastic views of the lake and privacy. Excellent holding property for the future. Information package available. (id:47423)
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Detailed Information
Bedrooms
3
Bathrooms
1
Total Area
2,620 ft2
Features
Acreage, Central location, Park setting, Private setting, Wooded area, Corner Site, Other
Listing Contract Date
2024-03-19
Municipal ID
006-292-704
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Single Family
Transaction Type
For sale
Views
Lake view
Zoning Description
R1
Zoning
Residential
Building
Architectural Style
Character
Constructed Date
1936
Cooling Type
None
Heating Fuel
Electric
Heating Type
Baseboard heaters
Total Finished Area
1526 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Family room
Second level
18'8 x 11'4
Bedroom
Second level
16'3 x 11'4
Storage
Lower level
7'9 x 3'11
Storage
Lower level
21'7 x 29'1
Workshop
Lower level
13'2 x 29'1
Entrance
Main level
3'7 x 14'4
Bathroom
Main level
4-Piece
Primary Bedroom
Main level
10'2 x 14'4
Bedroom
Main level
10'2 x 14'4
Kitchen
Main level
5'2 x 8'7
Dining room
Main level
13'8 x 14'5
Living room
Main level
22'4 x 14'5
Land
Total Size
1.38 acres
Access Type
Road access
Acreage
Yes
Size of Irregular Land
1.38
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