1441/1445 Montrose Ave Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9S 3H8
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 975250
Rental Info Unrestricted
Annual Tax Amount $4,739
Tax Year 2023
Lot Size 0.320 Acres
Acres 0.32
Property Description
*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.
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning R4
Interior
Heating Electric,Forced Air
Heat Source Electric,Forced Air
Exterior
Exterior Feature Fencing: Full
Parking On Site 1
View Y/N Yes
View Mountain(s),Ocean
Building
Lot Description Central Location,Family-Oriented Neighbourhood
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood
Others
Pets Allowed Yes
Tax ID 002-621-291
Ownership Freehold