553 Larch St Nanaimo, British Columbia V9S 2G2
$1,299,900
Welcome to 553 Larch St in Central Nanaimo, where you'll discover a truly exceptional property boasting breathtaking Ocean Views and boundless opportunities for redevelopment. This prime location grants easy access to all the amenities Nanaimo has to offer. A standout feature is its R8 multifamily zoning, allowing for the development of up to 16 units. This presents an ideal investment opportunity for developers seeking to capitalize on the growing demand for housing in the area. However, that's just the beginning. Prepare to be mesmerized by the spectacular Ocean Views this property offers. Picture yourself waking up each morning to the radiant sunrise over the ocean, while witnessing seaplanes gracefully taking flight. Currently, the property includes a charming home with 3 bedrooms, 2 bathrooms, and over 2000 sqft of living space. Whether you envision constructing your dream home or developing a multi -unit complex, this property provides all the necessary elements to bring your vision to life. The combination of its prime location, stunning views, and R8 zoning opens up endless possibilities for you to explore and seize. All measurements are approximate and should be verified if important. (id:16027)
Property Details
| MLS® Number | 938265 |
| Property Type | Multi-family |
| Neigbourhood | Brechin Hill |
| Features | Central Location, Other, Rectangular, Marine Oriented |
| Parking Space Total | 4 |
| Plan | Vip1972 |
| View Type | Mountain View, Ocean View |
Building
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Type | Multi-family |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 9300 |
| Size Total | 9300 Sqft |
| Size Total Text | 9300 Sqft |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/25867784/553-larch-st-nanaimo-brechin-hill
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July 24 2023 09:21:59
Vancouver Island Real Estate Board
460 Realty Inc. (Na)