DESCRIPTION
VTB (First Mortgage only) of up to 70% of accepted offer price, 3 year at 3%-5% possible for a qualified buyer approved and provided at the sole discretion of the seller. Seller open to many options bring your best offer. Welcome to most desirable property of North Nanaimo. 29.16 acres potential development land in Urban Reserve zoning allows for 22 dwellings in current zoning (2 dwellings per 2.47 acres). This property is surrounded by new subdivisions around. Can be rezoned to multifamily or higher density usage. The options are endless There is a new house on the property with a legal mortgage helper suite. Buyer to verify details if important. Also under Commercial listing 921300
KEY DETAILS
- Price:
- $15,999,999
- Bedrooms:
- 1
- Full Baths:
- 0
- Square Footage:
- 2,800
- Acreage:
- 29.17
- Year Built:
- 2022
- Listing #:
- 921313
- Street Address:
- 4470 Burma Rd
- City:
- Nanaimo
- State:
- BC
- Postal Code:
- V9T 5X4
- County:
- Nanaimo
- Area:
- Nanaimo
- Subarea
- North Nanaimo
- Listing Status:
- For Sale - Active
Building
- Basement Description:
- Crawl Space
- Building Condition:
- New Construction, Resale
- Building Faces:
- See Remarks
- Construction Type:
- Insulation: Ceiling, Insulation: Walls, Other
- Exterior Features:
- Garden
- Fireplace:
- Yes
- Flooring:
- Mixed
- Foundation:
- Slab
- New Construction:
- Yes
- Number Of Fireplaces:
- 2
- Stories:
- 2
- Style:
- West Coast
- Total Building Square Footage:
- 2800
- Type Of Roof:
- Asphalt Shingle
- Year Built:
- 2022
Land
- Conforms To Zoning:
- Ar2
- Lot Features:
- Hillside, No Through Road, Park Setting, Quiet Area, Rural Setting, Southern Exposure, In Wooded Area, Wooded
- Lot Size:
- 29.17
- Lot Square Footage:
- 1267596
Listing
- Days On Market:
- 56
- Originating Mls:
- Vancouver Island Real Estate Board
- Previous Listing Price:
- 16999990
Money
- Ownership:
- Freehold
- Property Taxes:
- $15,083
- Tax Year:
- 2022
Rooms
- Bedrooms On Main Level:
- 1
- Laundry:
- In House
Rules
- Pet Allowed:
- Aquariums, Birds, Caged Mammals, Cats Ok, Dogs Ok
Structures
- Garage Parking Spaces:
- 1
- Has Garage:
- Yes
- Parking Description:
- Garage
- Parking Spaces:
- 2
Systems
- Existing Water:
- Municipal
- Has Central Air Conditioning:
- Yes
- Heating:
- Electric, Other
- Sewage Type:
- Sewer To Lot
Source
- Listing Provided By Nita Sihota of Sutton Group-West Coast Realty (nan)
