Address
447,449&455 Nicol St, Nanaimo, BC
Price
$ 1,250,000
Property Attributes
  • ID#1036107
  • TypeLand
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodSouth Nanaimo
  • Postal CodeV9R 4T5
  • Style
  • Price$ 1,250,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

For sale: 427, 449 & 455 Nicol Street, Nanaimo, B.C. (the ''Subject Site'') — a compelling opportunity to acquire a Development Permit-ready multifamily site in one of Nanaimo's most rapidly transforming neighbourhoods. The Subject Site comprises three contiguous lots totaling 17,692 SF (0.41 acres) with 160+ feet of frontage on Nicol Street. Zoned COR3 Community Corridor, the plans designed by Stantec Architecture for a 4-storey, 35-unit purpose-built rental building. The unit mix comprises 8 micro-studios, 15 one-bedroom units, and 12 two-bedroom units. The Subject Site is a five-minute drive to downtown Nanaimo, Port Place Mall, and the Harbourfront Walkway, and ten minutes to Vancouver Island University and BC Ferries terminals. (id:7434)

General Features

Property Type Vacant Land
ZoningType Unknown
Neighbourhood South Nanaimo
Ownership Type Freehold

Interior Features

Building Fireplace Present False

Exterior Features

ViewType Ocean view

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in V9R 4T5

Price
AVG $1.25M
$1.25M