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4470 Burma Rd Nanaimo, British Columbia V9T 5X4

1 Bedroom
Westcoast Fireplace See Remarks Other 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 open to options investment, swap, partnership 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 Commercial listing947518 (id:52782)

Property Details

MLS® Number 947516
Property Type Vacant Land
Neigbourhood North Nanaimo
Features Hillside, Park Setting, Southern Exposure, Wooded Area, Other
Parking Space Total 2

Building

Bedrooms Total 1
Architectural Style Westcoast
Constructed Date 2022
Cooling Type See Remarks
Fireplace Present Yes
Fireplace Total 2
Heating Fuel Electric
Heating Type Other
Size Exterior 2800 Sqft

Parking

Garage

Land

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

Rooms

Level Type Dimensions

https://www.realtor.ca/real-estate/26238906/4470-burma-rd-nanaimo-north-nanaimo

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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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