1441 1445 Montrose Ave, Nanaimo
- Bedrooms: 4
- Bathrooms: 2
- Living area: 1689 square feet
- Type: Residential
- Added: 8 days ago
- Updated: 8 days ago
- Last Checked: 5 hours ago
* Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo! This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city. Building designs are for artistic purposes only and should not be relied on. (id:1945)
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Property Details
- Heating: Forced air, Electric
- Structure Type: Multi-Family
- Building Area Total: 1689
Exterior & Lot Features
- View: Mountain view, Ocean view
- Lot Features: Central location, Other
- Lot Size Units: square feet
- Lot Size Dimensions: 14000
Location & Community
- Common Interest: Freehold
Tax & Legal Information
- Tax Lot: 67
- Zoning: Unknown
- Parcel Number: 002-621-291
- Tax Annual Amount: 4739.9
- Zoning Description: R4
Additional Features
- Number Of Units Total: 2
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