$4,388,000

Est. payment - /mo

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5 Acres Lot

Active

2330 Extension Rd Nanaimo, BC V9X 0A9

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Kyle Kerr

kyle@initiumre.com +1(250) 818-5595

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 974531

Style Other

Rental Info Unrestricted

Annual Tax Amount $9,198

Tax Year 2023

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Land

Property Description

Discover an exceptional investment opportunity with this 5-acre development lot located within the city limits of Nanaimo, one of the region's fastest-growing areas. A current proposal for a 27-unit development has been thoroughly discussed with city officials, and all architectural and engineering designs, along with geotechnical, environmental, and other reports, are available as part of the offering. The potential for higher density under the new Nanaimo OCP regulations offers even more substantial development opportunities. Situated next to the Swordfern/Stonecrop subdivision in the desirable Cinnabar Heights area along Extension Rd, this lot provides a perfect blend of natural living and urban convenience. It is an ideal location for your next project, offering both tranquility and proximity to city amenities.

Location

Province BC

County Nanaimo, City Of

Area Na Chase River

Zoning R10

Direction See Remarks

Rooms

Kitchen 0

Interior

Heating Other

Cooling Other

Building

Lot Description Acreage, Easy Access, See Remarks

Faces See Remarks

Sewer Sewer To Lot

Water To Lot

Others

Tax ID 001-021-222

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by Westmont Realty Inc.

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1