$1,867,000

Vacant Land For Sale In Five Acres, Nanaimo, British Columbia

$1,867,000

Property Information:

This property offers an exceptional opportunity for developers seeking to capitalize on its prime location and flexible zoning regulations. The potential for constructing up to four residential units opens avenues for either a multi-family dwelling or luxurious individual homes.The breathtaking views provide a stunning backdrop, making it a desirable living space for future residents. Imagine waking up to a panoramic cityscape that seamlessly transitions into the serene expanse of the ocean, offering a daily visual treat that few properties can match.Adding to its appeal, the area boasts a blend of urban convenience and natural beauty, making it a perfect setting for a modern residential development. With the right vision, 454 Ninth Street can be transformed into a highly sought-after address, blending elegance and functionality in one of the most picturesque parts of the city.

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $3,212
  • Lot Features: Central Location, Cleared, Easy Access, Level, Rectangular Lot
  • Lot Frontage: 36155 Square Feet
  • Lot Size: 0.83 Acres
  • Ownership: Freehold
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Land Value Only
  • Property Sub Type: Land
  • Road Surface Type: Paved, Unimproved
  • View: City
  • Water Source: Municipal, To Lot
  • Zoning: R5
  • Zoning Description: Residential
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 8

Courtesy of: eXp Realty (NA)

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.