No City Value, BC V9X 0A9,2330 EXTENSION RD
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$ 4,388,000
Est. payment | /mo

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$ 4,388,000
Est. payment | /mo
Save

Key Details

Property Type Vacant Land

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Fvreb Out Of Town

MLS Listing ID R2921482

Annual Tax Amount $10,110

Tax Year 2023

Acres 5.0

Property Description

Discover an exceptional investment opportunity with this 5-acre development lot located within Nanaimo''s city limits, one of the region''s fastest-growing areas. A proposal for a 27-unit development has been thoroughly discussed with city officials, and all architectural and engineering designs, along with geotechnical, environmental, and other reports, are available as part of the offering. The potential for higher density under the new Nanaimo OCP regulations provides substantial development opportunities. Adjacent to the Swordfern/Stonecrop subdivision in the desirable Cinnabar Heights area along Extension Rd, this lot offers a perfect blend of natural living and urban convenience. It is an ideal location for your next project, combining tranquility with proximity to city amenities.

Location

Province BC

Community Fvreb Out Of Town

Area Fvreb Out Of Town

Building/Complex Name CHASE RIVER

Zoning R10

Region Fraser Valley

City Region Fraser Valley

Exterior

View Y/N Yes

View PARK; VALLEY; FOREST

Accessibility Road Access

Building

Sewer At Lot Line

Water City/Municipal

Others

Restrictions Other

Tax ID 001-021-222

Ownership Freehold NonStrata

Real Estate Board of Greater Vancouver(REBGV) non-commercial
Listed by Westmont Realty Inc.
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2330 EXTENSION RD