$2,400,000
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2330 Extension Rd, Nanaimo

Nanaimo, BC V9X 0A9
MLS® 974531
539
Days on Market

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.

Property Details

Property Type Residential
Property Sub Type Land
Listing ID 974531
Status Active
City Nanaimo
Area Nanaimo
Sub-Area Na Chase River
Postal Code V9X 0A9
Property Taxes $9,198.80 (2023)
Zoning R10
Facing See Remarks
Water To Lot
Sewer Sewer To Lot
Heating Other
Cooling Other
Listed Date Sep 3, 2024
Ownership Freehold
Lot Size 5.00 acres

Building Details

Heating Other
Stories -1

Parking

Type Spaces
Other

Additional Information

Features Acreage, See remarks, Other
Land Size 5 ac
Transaction For sale

Location