Incredible Investment Opportunity! Two legal lots for sale in the coveted University District. Endless possibilities await with multi-family development potential. The Official City Plan for this area is R7 or R8 zoning, making this a developer's dream. These lots are perfect for townhouses or apartment-style condominiums. One of the lots includes a charming 1961-built home featuring 4 bedrooms, 2 bathrooms, and a main level entry with a walk-out basement. Perfect for rental income while re-zoning. Located just five minutes from downtown, and a short stroll to recreation, shopping, transit and all levels of schools including VIU. Buyer to verify zoning and development potential. Measurements approximate, please verify if important. (id:52782)
MLS® Number | 948042 |
Property Type | Other |
Neigbourhood | University District |
Features | Central Location, Other |
Constructed Date | 1961 |
Cooling Type | None |
Heating Fuel | Oil |
Heating Type | Forced Air |
Size Exterior | 2368 Sqft |
Type | Commercial Mix |
Acreage | No |
Size Irregular | 15120 |
Size Total | 15120 Sqft |
Size Total Text | 15120 Sqft |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/26267051/426436-wharton-st-nanaimo-university-district
Contact us for more information
Jacky Prevost
(833) 817-6506
(866) 253-9200
www.exprealty.ca/
Jason Simard
Personal Real Estate Corporation
(833) 817-6506
(866) 253-9200
www.exprealty.ca/