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
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.
©2024 Vancouver Island Real Estate Board and Victoria Real Estate Board. All rights reserved.