




This multi-family in Nanaimo offers 4,000 sqft of building area on a 1.75 ac lot. The property has lot dimensions of 1.75, zoned Unknown. The home features baseboard heaters, electric heating.
Investment/redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home/RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home sites, 8 RV sites, and 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher, with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Full package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer. (id:60351)
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Listed by Ken Welte, Sutton Group-West Coast Realty (Nan)
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Listing represented by Ken Welte, Sutton Group-West Coast Realty (Nan) · MLS# 1028268
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.