456 MILTON NANAIMO

Old City neighbourhood of Nanaimo British Columbia Canada V9R 2L1
$759,000

456 MILTON NANAIMO

  • Price: $759,000
  • MLS Number: 942609
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Footage: 1365 Sq Ft
  • Property Type: Single Family

PRIME MULTI-FAMILY DEVELOPMENT PROPERTY!! This property has recently been rezoned to Old City Medium Density (R15) and will allow for a maximum of 7 units. The upper half of the property will offer mountain, ocean and harbour views while the lower portion is accessible from the paved alley making this ideal for access to off street parking. The walkability and proximity to the downtown and waterfront make this a very desirable area of the Old City. A character home on the property has been nicely updated and currently occupied by long term tenants making this an excellent holding property for future or immediate development. Geotechnical Investigation Report for a proposed residential redevelopment is available upon request. All measurements are approximate and data should be verified if important.

Listing Brokerage: RE/MAX of Nanaimo

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