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$2,145,000
Est. payment /mo
1.7 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1021665
Rental Info Unrestricted
Annual Tax Amount $6,177
Tax Year 2025
Lot Size 1.700 Acres
Acres 1.7
Property Sub-Type Multi Family
Property Description
Excellent 1.7-acre (6879 m² / 74052 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. 35.01 m (115 ft) of frontage and an average depth of 127.45 m (4,418 ft), providing flexibility for subdivision or multi-unit planning. Great holding property with an existing decent sized 4-bedroom 2-bath home. Land Assembly of 4.9 acres available.
Location
State BC
County Nanaimo, City Of
Area Na Uplands
Zoning R1
Interior
Flooring Mixed
Exterior
Parking On Site 1
Building
Lot Description Acreage, Central Location, Easy Access, Irregular Lot, Quiet Area, Serviced, Shopping Nearby, In Wooded Area
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood,Stucco & Siding
Others
Tax ID 000-107-166
Ownership Freehold
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Listed by REMAX Professionals (NA)