3 bedrooms | 1 bathroom | 1,044 sqft living area | 69,696 sqft lot | $2,145,000
This exceptional 1.6-acre (6,475 m² / 69,696 sq ft) development opportunity is located on a quiet road in Nanaimo’s desirable Uplands neighbourhood, a community known for its natural beauty & predominantly single-family homes. Zoned R1 (Single Dwelling Residential), the property supports low-density residential development with minimum lot sizes of 500 m² (5,382 sq ft) for standard single-family lots or 450 m² (4,844 sq ft) for lane-access parcels. Under the OCP, the property is designated “Suburban Neighbourhood” an area oriented toward low-rise residential development with a target density of 25 units per hectare. Typical supported building forms include single-family homes, duplexes, triplexes, fourplexes & townhomes. The property offers approx. 37 m (121 ft) of frontage & an average depth of 135 m (444 ft), providing excellent flexibility for subdivision or multi-unit planning. Existing on the property is a 3-bedroom 1 bath home. Land Assembly totaling 4.9 acres available
Acreage, Central Location, Easy Access, Irregular Lot, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, In Wooded Area
Listed by REMAX Professionals (NA)/eXp Realty (NA).
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Jahelka Real Estate Group for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the VIREB Vancouver Island Real Estate Board which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.
