Discover the potential of this 6900 sq.ft. R5 zoned property! Located in a central area of Nanaimo, this lot offers easy access to transit, parks, bus routes, schools, and shopping. Currently featuring a cute 870 sqft 2 bed 1 bath rancher, this property presents a unique opportunity: renovate the existing home or develop a multi-dwelling property, subject to city approvals. The level lot is easy to build on and connected to city services. Offered as an estate sale, this property is sold "as is." Unlock the possibilities and make this prime location your next project! Probate has been granted.More details
A rare chance to invest in a prime piece of real estate! Perfectly situated with convenient access to major routes, everyday essentials, and well-loved local spots, this property presents an excellent opportunity for developers. It’s available as a standalone purchase or can be acquired alongside 1750 Waddington Rd (MLS#1002994) to maximize your development options. Recently rezoned to R5, the potential for a 4-plex build may exist—buyers are encouraged to verify all options independently. Whether you're envisioning a multi-unit build, a custom luxury home, or a larger-scale project, this property opens the door to a range of exciting possibilities.More details