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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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$3,800,000
Bedrooms: | 4 |
Bathrooms: | 2 |
Listing Type: | House/Single Family |
Sqft | 2,182 |
Lot Size | 4,828 |
Built: | 1941 |
Price: | $3,800,000 |
Listed By: | eXp Realty |
MLS: | R2846133 |
Description
Transit-Oriented Development Site with amazing views! Perfectly located within 200 meters of the Nanaimo Skytrain station, capitalize on the new TOD, allowing for an impressive 5.0 FAR, to develop a towering 20-storey building. This site presents an unparalleled opportunity for expansion through a 4-6 lots land assembly and 250 FT frontage, expanding the potential lot size to 30,175 SF and unlocking up to 150,875 buildable SF. Leverage the potential for significant growth and development in a transit-oriented location and make a landmark impact in the area!
Taxes (2023): $6,761.90
Amenities
In Suite Laundry
Features
ClthWsh
Dryr
Frdg
Stve
DW
Fireplace Insert