350 Stewart Ave, Nanaimo, BC, V9S 4C4

MLS® # 1013359

Investment For Sale In Newcastle, Nanaimo, British Columbia

$999,000

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350 Stewart Ave, Nanaimo, BC - Outdoor With Body Of Water With View

350 Stewart Ave, Nanaimo, BC - Indoor Photo Showing Other Room

350 Stewart Ave, Nanaimo, BC - Indoor With Fireplace

350 Stewart Ave, Nanaimo, BC - Indoor Photo Showing Kitchen With Double Sink

350 Stewart Ave, Nanaimo, BC - Indoor Photo Showing Kitchen

350 Stewart Ave, Nanaimo, BC - Indoor Photo Showing Bathroom

350 Stewart Ave, Nanaimo, BC - Indoor Photo Showing Living Room

350 Stewart Ave, Nanaimo, BC - Indoor Photo Showing Bedroom

350 Stewart Ave, Nanaimo, BC - Outdoor With View

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350 Stewart Ave, Nanaimo, BC, V9S 4C4

$999,000

Property Information:

This property is being sold for the land value primarily and is Zoned for superb Commercial Development. Extremely well located as it is one road off the ocean wall with good ocean views which makes this even more appealing for development. Currently there is an income earning character home situated close to Stewart. Both tenants are on month to month. This allows for ongoing revenue until building begins. Right beside this land is a large project on the exact same size lot getting ready to turn the earth for the construction faze to begin. What a dream holding with big potential.

Property Features:

Annual Tax Amount: $4,042
Building Features: Basement, High Traffic Area, Parking
Construction Materials: Wood
Cooling: None
Flooring: Other
Foundation Details: Concrete Perimeter
Heating: Forced Air, Natural Gas
Lot Frontage: 8712 Square Feet
Lot Size: 8712.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Road Surface Type: Paved
View:
Water Source: Municipal
Zoning: R8
Sewer:

Courtesy of: Century 21 Harbour Realty Ltd.

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.

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Market Price Trends

All Properties

2.39%

Price change (1 year)

31.17%

Price change (5 years)

Location of 350 Stewart Ave, Nanaimo, BC, V9S 4C4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 350 Stewart Ave , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past

29℃

2050

31.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

93/100

High

ClimateCheck®

Current data

This property, 350 Stewart Ave , experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past

569.5mm

2050

660mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 350 Stewart Ave, Nanaimo, BC, V9S 4C4

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$132,283.05

Average Number of Children

1.31

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.62 %

High school certificate or equivalent

30.99 %

Apprenticeship trade certificate/diploma

13.44 %

College/non-university certificate

24.28 %

University certificate (below bachelor)

2.15 %

University Degree

19.54 %

Commuter

Travel To Work

By Car

77.63 %

By Public Transit

9.19 %

By Walking

8.88 %

By Bicycle

4.29 %

By Other Methods

0.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

84.86 %

Houses

15.14 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

All Properties

Location of 350 Stewart Ave, Nanaimo, BC, V9S 4C4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 350 Stewart Ave, Nanaimo, BC, V9S 4C4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

350 Stewart Ave, Nanaimo, BC, V9S 4C4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing