$ 999,900
2555 East Wellington Rd #Lot 5 Nanaimo, BC V9R 6W5
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$ 999,900
Est. payment | /mo
2.47 Acres Lot
$ 999,900
Est. payment | /mo
2.47 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 973600
Rental Info Unrestricted
Annual Tax Amount $12,656
Tax Year 2023
Lot Size 2.470 Acres
Acres 2.47
Property Description
Here is an ultra rare opportunity to own an acreage lot within the City of Nanaimo limits with municipal water. The 2.47 acre vacant lot will be one of six new building lots created out of a 15.75 acre development on the corner of East Wellington and Stobart Rd. Lot 5 is an AR2 zoned and should allow for two dwellings according to current zoning bylaws. The City of Nanaimo has recently ammended AR2 zoning to support an additional division of the land via building strata meaning you may be able to create two 1.25 acre parcels on this single lot. The property will be serviced by City of Nanaimo water, hydro, and natural gas to the lot line. Buyers will install a septic system as part of their improvements. The lot is relatively flat, has views of Mt Benson, has mature trees, and great sun exposure. Information package and developers disclosure statement available upon request. Registration is estimated for Jan 31, 2025.
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning AR2
Rooms
Kitchen 0
Exterior
View Y/N Yes
View Mountain(s)
Building
Lot Description Acreage, Pasture, Private, Quiet Area, Rural Setting
Sewer Septic Needed
Water Municipal
Others
Pets Allowed Yes
Ownership Freehold
Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs
Listed by 460 Realty Inc. (NA)
