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440 Prideaux St Nanaimo, British Columbia V9R 2N5

None Forced Air

$550,000

DEVELOPMENT OPPORTUNITY! This prime location in the city's Old City Quarter, zoned DT8, offers excellent potential and opportunity. City says a max height of building at 10.5m w/possibility for a variance to go higher, depending on the plan. If ONLY residential, max gross floor area ratio is lot square footage x .85. If commercial units (need 25%) are included on ground floor to qualify as MIXED USE, you add in .15 to get to 1.0 total. Huge potential here with up to about 30 units possible. Buyer to do own due diligence regarding full development potential. All measurements and data are approximate and should be verified if deemed important. (id:52782)

Property Details

MLS® Number 950845
Property Type Single Family
Neigbourhood Old City
Parking Space Total 10

Building

Constructed Date 1900
Cooling Type None
Heating Fuel Oil
Heating Type Forced Air
Type House

Land

Acreage No
Size Irregular 8944
Size Total 8944 Sqft
Size Total Text 8944 Sqft
Zoning Type Multi-family

Rooms

Level Type Dimensions

https://www.realtor.ca/real-estate/26404298/440-prideaux-st-nanaimo-old-city

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