Address
460 Irwin St, Nanaimo, BC
Price
$ 399,000
Property Attributes
  • ID#996508
  • TypeLand
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodSouth Nanaimo
  • Postal CodeV9R 4X2
  • Style
  • Price$ 399,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Approved Development Opportunity – South Nanaimo 10 Townhouse like condos + 2 Commercial Units. Located in vibrant South Nanaimo, 450 & 460 Irwin Street offer a rare and ready-to-go development opportunity. Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future. The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the layout includes Unit 1: 1,000 sf + balcony (2 bedrooms), Unit 2: 758 sf + balcony (1 bedroom), Unit 3: 485 sf (1 bedroom), Unit 4: 660 sf + balcony, Unit 5: 660 sq ft + balcony + commercial space. The innovative design ensures appropriate parking for residents and supports much-needed ''missing middle'' housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes. This is a prime opportunity to step into a project that aligns with Nanaimo’s growing demand for diverse, attainable housing. (id:7434)

General Features

Property Type Vacant Land
Zoning Description CC2
ZoningType Other
Neighbourhood South Nanaimo
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 Land Average in V9R 4X2

Price
AVG $400K
$400K