About 1303 Junction Ave
Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.
Basic Information
| Price | $2,500,000 |
|---|---|
| MLS® # | 966085 |
| Sub-Type | Single Family Detached |
| Year Built | 1960 |
| Beds | 3 |
| Baths | 2.00 |
| Kitchens | 1 |
| Interior SqFt | 3,159 |
| Lot Size | 1.42 Acres |
Location Information
| Address | 1303 Junction Ave |
|---|---|
| Postal Code | V9R 6R6 |
| Area | Nanaimo |
| Sub Area | Chase River |
| Jurisdiction | City of Nanaimo |
| PID Number | 006-449-301 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Electric, Heat Pump, Heat Recovery |
| Cooling | Air Conditioning |
| Foundation Details | Poured Concrete |
| Property Condition | Updated/Remodeled |
| Laundry | In House |
| Parking | Additional, Detached, Driveway, Garage Double, RV Access/Parking |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Acreage, Cleared, Easy Access, Irregular Lot, Level, Rural Setting, Serviced, Shopping Nearby |
Listing Details
| Office | RE/MAX of Nanaimo |
|---|