Residential Property in Nanaimo
Description
Sold at land value only. Large 9,585 square foot lot with southern exposure, overlooking the City Centre. The land is ready for redevelopment for an impressive single-family home or can be developed for multifamily use under the existing zoning. The immediate area is being renewed with larger, modern residential development. Lot area is 67.5 sq ft by 142 sq ft. The adjacent lot at 550 Pythian Lane is also available for purchase. The two lots are matching in area, rectangular shape, and access, with each providing 9,585 square feet of development land (total of 19,170 square feet).
General
Property Type:Land
Title of Ownership:Amended Lot 3 (DD 41147N), Suburban Lot 28, Newcastle Townsite, Section 1, Nanaimo District, Plan 63A
Taxes:$3,272
Tax Year:2024
Site Influences
Lot SqFt: 9,585
Acres: 0.22
Water: Municipal
Waste: Sewer Connected
Zoning: R5
Lot Features: Central Location, Cleared, Cul-de-sac, Level, Recreation Nearby, Shopping Nearby, Southern Exposure
