Property Description
Builders & Investors Alert! Flat 50' x 120' lot with laneway access in South Nanaimo, fully serviced to the lot line and zoned R5, offering exciting development potential under current BC housing legislation. Potential for up to four residential units, including two homes with suites or a coach/carriage home, subject to municipal approvals. Excellent sun exposure, partial fencing, and convenient access from both Victoria Road and the rear lane. Located minutes from schools, parks, shopping, restaurants, downtown Nanaimo, BC Ferries, Hullo, seaplanes, and Nanaimo Airport. A highly attractive opportunity for builders, investors, or those looking to build a custom home with future income potential. No GST when building your principal residence. Contact Sean McLintock at 250-729-1766,
[email protected], or visit macrealtygroup.ca for the complete information package and property video. Buyer to verify all information if important.
Property Details
MLS #:
1044493
ID #:
31861950
Type:
Residential
Sub-Type:
Land
Area:
Nanaimo
Sub-Area:
Na South Nanaimo
Status:
Active
Lot Size:
0.14 acres
Property Tax:
$2,176 (2025)
Days on Market:
9 days
Listing provided by REMAX Professionals (NA)
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
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