Address
450 B Irwin St, Nanaimo, BC
Price
$ 399,000
Property Attributes
  • ID#996514
  • 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

Features Central location, Level lot, Southern exposure, Corner Site, See remarks, Partially cleared, Other, Rectangular, Marine Oriented
Property Type Vacant Land
Zoning Description CC2
ZoningType Unknown
Neighbourhood South Nanaimo
Ownership Type Freehold

Interior Features

Building Fireplace Present False

Exterior Features

ViewType Mountain view, 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 4X2

Price
AVG $400K
$400K