1015 Park Ave, Nanaimo, British Columbia

$1,999,000

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4.74

Acres

About 1015 Park Ave

DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density potential of up to 36 townhouse units. The Suburban Neighbourhood OCP designation supports up to 25 units/ha. With site-specific rezoning approval, preliminary concepts indicate the property could potentially accommodate up to 36 townhomes. A 2024 topographic survey and slope analysis identify approximately 1.463 ha of developable area. Concept layouts explore building placement, access and grading in response to site constraints, giving developers a solid starting point to assess feasibility and design. Due-diligence materials include survey, slope and geotechnical information, terrain modelling and concept plans. Minutes from VIU, transit, schools, shopping and major routes, this is an opportunity to pursue a higher-density townhouse project in Nanaimo. Concepts and unit counts are preliminary; all development is subject to purchaser due diligence and required municipal approvals. (id:6289)

More Info on this South Nanaimo MLS® listing

1015 Park Ave is a listing for sale in Nanaimo. The MLS® number is 1050851. It's currently listed for $1,999,000. For more details on MLS® 1050851, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in South Nanaimo is available now!

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Features of 1015 Park Ave

Listing # 1050851
Price $1,999,000
Bathrooms 0.00
Acres 4.74
Type Vacant Land

Community Information

Address 1015 Park Ave
Area South Nanaimo
Subdivision South Nanaimo
City Nanaimo
Province British Columbia
Postal Code V9R4J5

Amenities

Features Acreage, Central location, Park setting, Southern exposure, Wooded area, Corner Site, See remarks, Other
View City view, Mountain view
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 4.74

Additional Information

Zoning Multi-Family

Listing Details

OfficeSutton Group-West Coast Realty (Nan)

Listing Map

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