LOADING

4470 Burma Rd Nanaimo, British Columbia V9T 5X4

Acreage

$15,988,888

VTB (First Mortgage only) of up to 70% of accepted offer price, 3 year at 5% possible for a qualified buyer approved and provided at the sole discretion of the seller. Seller is open to options; partnership, swap, investment be creative bring your best offer. Welcome to most desirable property of North Nanaimo. 29.16 acres potential development land in Urban Reserve zoning allows for 22 dwellings in current zoning (2 dwellings per 2.47 acres). This property is surrounded by new subdivisions around. Can be rezoned to multifamily or higher density usage. The options are endless There is a new house on the property 5 bed 4 bath with a legal mortgage helper suite. Measurements from BC assessment, buyer to verify if fundamental to the purchase. Also under listing 947516 (id:52782)

Property Details

MLS® Number 947518
Property Type Multi-family
Neigbourhood North Nanaimo
Features Acreage, Private Setting, Wooded Area, Rocky, Other

Building

Size Exterior 2828 Sqft
Type Multi-family

Land

Acreage Yes
Size Irregular 29.1
Size Total 29.1 Ac
Size Total Text 29.1 Ac
Zoning Description Ar2
Zoning Type Unknown

https://www.realtor.ca/real-estate/26238905/4470-burma-rd-nanaimo-north-nanaimo

Interested?

Contact us for more information


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Nita Sihota
Personal Real Estate Corporation

(604) 679-8486

Sutton Group-West Coast Realty (Nan)
#604 - 5800 Turner Road
Nanaimo, British Columbia V9T 6J4

(250) 756-2112
(250) 756-9144
www.suttonnanaimo.com/

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