Nanaimo, BC V9T5N2 1441/1445 Montrose Ave
$999,900
36 more
Presented By: RE/MAX of Nanaimo
Home Details
* 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. Building designs are for artistic purposes only and should not be relied on. (id:7434)
Presented By: RE/MAX of Nanaimo
Interior Features for 1441/1445 Montrose Ave
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeForced air
General for 1441/1445 Montrose Ave
Building Cooling TypeNone
Building TypeHouse
FeaturesCentral location, Other
NeighbourhoodDeparture Bay
Ownership TypeFreehold
Parking Space Total4
Property TypeSingle Family
Zoning DescriptionR4
ZoningTypeDuplex
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty