About 1441/1445 Montrose Ave
*Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo!* This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city.
Basic Information
| Price | $999,900 |
|---|---|
| MLS® # | 973894 |
| Sub-Type | Single Family Detached |
| Year Built | 1956 |
| Beds | 4 |
| Baths | 2.00 |
| Kitchens | 2 |
| Interior SqFt | 1,689 |
| Lot Size | 0.32 Acres |
Location Information
| Address | 1441/1445 Montrose Ave |
|---|---|
| Postal Code | V9T 5N2 |
| Area | Nanaimo |
| Sub Area | Departure Bay |
| Jurisdiction | City of Nanaimo |
| PID Number | 002-621-291 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Electric, Forced Air |
| Cooling | None |
| Foundation Details | Poured Concrete |
| Property Condition | Resale |
| Laundry | In Unit |
| Parking | Driveway |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Central Location, Landscaped, Near Golf Course |
Listing Details
| Office | RE/MAX of Nanaimo |
|---|