Prime Development Opportunity! This 1.42-acre site is fairly level and offers 328 feet of frontage and is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential and Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre and other amenities, providing convenience for future residents. The property is connected to city services and includes a fully remodeled 2, 337 sq. ft. residence with 3 bedrooms and 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 and a large level fenced yard, adding to the property's versatility. Easy access to the Island Highway and downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value and development potential, making it an excellent investment for developers as land like this is very rare in Nanaimo. With the existing home providing immediate revenue and the land's development potential, this property represents a strong investment opportunity. Information package available by request. (id:55598)
- MLS® 966085
- Date Listed06/03/2024
- Days on Realty 79 Days
- Bedrooms 3
- Bathrooms 2 baths
- Lot Size -
- Subdivision Chase River
- Year Built 1960
- Square Feet 3,159 sq. ft
- Price Per Sq. Ft $791.39
Interior Features
- Cooling Air Conditioned
- Heating Heat Pump, Heat Recovery Ventilation (HRV), Electric
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
2/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
29/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 24/100, Bike Score: 30/100.
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Frequently Asked Questions for 1303 Junction Ave
Source: Realty.com
1303 Junction Ave, Nanaimo, BC V9R6R6 is a Single Family Residence, Residential property listed for $2,500,000 The property is 3159 sq. ft with 3 bedrooms and 2 bathrooms
Realty.com has 44 photos of 1303 Junction Ave.
Our records indicate that 1303 Junction Ave was built in 1960.
The full address for this home is 1303 Junction Ave, Nanaimo, BC V9R6R6.
1303 Junction Ave has been listed on Realty.com since Mon June 03, 2024
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 24/100, Bike Score: 30/100.
Listing provided courtesy of:
RE/MAX of Nanaimo
(tel: (250) 751-1223)
Listing agent:
Brent Russell
(tel: (250) 739-3633)
This content last refreshed on 2024-08-21 10:45:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1303 Junction Ave, Nanaimo, BC V9R6R6 : MLS® 966085