426/436 Wharton St, Nanaimo, BC

$999,999

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4

Beds

2

Baths

1,427

Square feet

0.35

Acres

About 426/436 Wharton St

MULTI FAMILY DEVELOPMENT POTENTIAL!! First time ever to hit the market, this home and land has been owned by the same family since it was built. Currently this home sits on one of two parcels ready for re-development. Bring your ideas. The official city plan (OCP) for the area is R7 or R8 zoning. This original home offers 3 beds, 2 bath and original hardwood floors on the main floor and 1 bed/ 1 bath downstairs, along with a huge partially finished basement providing ample space for storage and a workshop. Generate some extra income by renting out the house while the re-zoning application goes through. Located in the university district; you are walking distance to both Elementary and Secondary schools as well as all major amenities. Easy access via Third st connector to the Nanaimo Parkway. Loads of multi family development popping up around this area, so act fast to avoid missing out on this great opportunity. All measurements are approximate and should be verified if important.

Basic Information

MLS® # 930580
Price $999,999
Sub-Type Single Family Detached
Year Built 1961
Beds 4
Baths 2.00
Kitchens 1
Interior SqFt 2,382
Lot Size 0.35 Acres

Location Information

Address 426/436 Wharton St
Postal Code V9R 1W4
Area Nanaimo
Sub Area University District
Jurisdiction City of Nanaimo
PID Number 004-859-375
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Forced Air, Oil
Cooling None
Foundation Details Poured Concrete, Block
Property Condition Resale
Laundry In House
Parking Carport, Driveway

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Central Location, Family-Oriented Neighbourhood, Recreation Nearby, Serviced, Shopping Nearby

Listing Details

Office460 Realty Inc. (NA)

Listing Map