Active
1303 Junction Ave
Nanaimo BC, V9R 6R6
$2,500,000
$1,069.75 per sqft
Active
3 Beds
2 Baths
2,337 sqft
Residential
Built in 1960
Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.
966085
MLSⓇ ID
June 3, 2024
Listed
August 23, 2024
Updated
Map
1303 Junction Ave
Nanaimo BC, V9R 6R6
Interior Features
Bedrooms
3
Total Bathrooms
2
Interior Features
Ceiling Fan(s)
Laundry Description
In House
Floor Description
Mixed
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Electric, Heat Pump, Heat Recovery
Exterior/Building Features
Lot Size
1.42 Acres
Exterior Features
Balcony/Deck, Balcony/Patio, Fenced
Lot Features
Acreage, Cleared, Easy Access, Irregular Lot, Level, Rural Setting, Serviced, Shopping Nearby
Roof
Fibreglass Shingle
Sewer
Sewer Connected
Other Property Details
Area Name
Nanaimo
Taxes
$4,774
Tax Frequency
Annually
Days on Market
2
Garage
Yes
Garage Spaces
2
Parking
Additional Parking, Detached, Driveway, Garage Double, RV Access/Parking
Parking Total
8
View
No
County
Nanaimo, City of
Water Source
Municipal
Pool
No
Zoning
R1
Courtesy of RE/MAX of Nanaimo, Brent Russell
Listing Contact: 250-739-3633
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