C$1,780,000

2330 Extension Rd, Nanaimo BC, V9X 0A9

Price per sqftC$8.17

Lot size5 Acres

Property typeLand

Courtesy of Westmont Realty Inc.

Overview

Active

Listed Aug 30, 2024

Updated May 30

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.

Additional information

MLS^® ID: 974531

Exterior Features

Lot Size: 5 Acres

Other Property Details

Taxes: $9,199
Tax Frequency: Annually
Pets Allowed: Yes

Courtesy of Westmont Realty Inc., Yuvraj Soni

Listing Contact: (604) 967-3216

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Charlie Parker Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Reciprocity Program