Address
103 Lotus Pinnatus Way, Nanaimo, BC
Price
$ 5,900,000
Property Attributes
- ID#1046554
- TypeMulti-Family
- Listing Status Active
- MunicipalityNanaimo
- CityNanaimo
- AreaNanaimo
- NeighbourhoodSouth Nanaimo
- Postal CodeV9R 4A7
- Style
- Price$ 5,900,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Lot Size90.48 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Offered “as-is, where-is,” this property is being sold under a conduct of sale with no representations or warranties. All offers must include Schedule A and are subject to court approval. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. All information and measurements are approximate and must be verified if important. (id:7434)
General Features
| Features | Acreage, Central location |
|---|---|
| Property Type | Multi-family |
| Zoning Description | R10 |
| ZoningType | Unknown |
| Neighbourhood | South Nanaimo |
| Building Type | Multi-Family |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|
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 Multi-Family Average in V9R 4A7
Price
