Property Description
DEVELOPER ALERT! Rare 16.8-acre ocean view land in one of North Nanaimo's most desirable locations. Zoned High Density Residential, this exceptional property comes with a previously approved DP and extensive work such as geotechnical, engineering, survey, arborist, riparian, traffic, environmental and architectural reports completed. Set within a stunning natural forest setting featuring Cottle Creek, walking trails, beautiful coastal surroundings, this unique property borders Crown Land and a Park, offering future residents unparalleled access to nature. Located close to Departure Bay and Stephenson Point beaches, schools, shopping, and all North Nanaimo amenities. Continue with the development concept or explore your own visions. Parcels with this level of preparation are becoming increasingly rare. Buyer responsible for own Development Permit applications and approvals. Information package available. All data and measurements are approximate and should be verified if important.
Property Details
MLS #:
1007806
ID #:
29525174
Type:
Residential
Sub-Type:
Land
Area:
Nanaimo
Sub-Area:
Na Hammond Bay
Status:
Active
Lot Size:
16.90 acres
Property Tax:
$40,285 (2024)
Days on Market:
368 days
Listing provided by Sutton Group-West Coast Realty (Nan)
Canadian Mortgage Calculator
Mortgage Amount:
$0
Payment Amount:
$0
Total Interest:
$0
Total Cost:
$0
After 5 Year Term:
Principal Paid:
$0
Interest Paid:
$0
Remaining Balance:
$0
CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
Annual Payment Breakdown
*Chart shows mortgage balance progression and cumulative payments over the selected term
*Calculations are estimates for informational purposes only. Please consult with a mortgage professional for accurate rates and terms.