1303 Junction Ave, Nanaimo, BC

$2,500,000

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3

Beds

2

Baths

2,337

Square feet

1.42

Acres

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, Level, Rural Setting, Serviced, Shopping Nearby, Irregular Lot

Listing Details

OfficeRE/MAX of Nanaimo

Listing Map