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$2,145,000
Est. payment /mo
1.6 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1021663
Rental Info Unrestricted
Annual Tax Amount $6,094
Tax Year 2025
Lot Size 1.600 Acres
Acres 1.6
Property Sub-Type Multi Family
Property Description
This exceptional 1.6-acre (6,475 m² / 69,696 sq ft) development opportunity is located on a quiet road in Nanaimo's desirable Uplands neighbourhood, a community known for its natural beauty & predominantly single-family homes. Zoned R1 (Single Dwelling Residential), the property supports low-density residential development with minimum lot sizes of 500 m² (5,382 sq ft) for standard single-family lots or 450 m² (4,844 sq ft) for lane-access parcels. Under the OCP, the property is designated “Suburban Neighbourhood” an area oriented toward low-rise residential development with a target density of 25 units per hectare. Typical supported building forms include single-family homes, duplexes, triplexes, fourplexes & townhomes. The property offers approx. 37 m (121 ft) of frontage and an average depth of 135 m (444 ft), providing excellent flexibility for subdivision or multi-unit planning. Existing on the property is a 3-bedroom, 1-bath home. Land Assembly totaling 4.9 acres available.
Location
State BC
County Nanaimo, City Of
Area Na Uplands
Zoning R-1
Interior
Flooring Mixed
Exterior
Parking On Site 1
Building
Lot Description Acreage, Easy Access, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, In Wooded Area
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood,Vinyl Siding
Others
Tax ID 000-107-123
Ownership Freehold
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Listed by REMAX Professionals (NA)