+21 more
3
Bedrooms
1
Bathrooms
1,044 sqft
Living Area
1.6 ac
Lot
1966
Year Built
About This Property
This 3-bedroom, 1-bathroom multi-family in Nanaimo offers 1,044 sqft of living area on a 1.6 ac lot. Built in 1966. The property has lot dimensions of 1.6, zoned Unknown. The home features forced air, oil heating. Highlights include a 4-car garage.
MLS Remarks
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 and 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 Official Community Plan, 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, and townhomes, and given the size of the site, it could accommodate approximately 25 units. The property offers approximately 37 m (121 ft) of frontage and an average depth of 135 m (444 ft), providing excellent flexibility for subdivision or multi-unit planning. Gently sloping to the southeast, the land is serviced at Opal Road with water, sewer, and storm connections. Ideally situated close to schools, parks, shopping, and all major amenities, this property presents an outstanding opportunity for builders, developers, or investors looking to create a well-designed residential enclave in one of Nanaimo’s most sought-after areas. Existing on the property is a 3-bedroom 1 bath home. Land Assembly totaling 4.9 acres available. Detailed Information package available on request. (id:60351)
Overview
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
