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$ 435,000
Est. payment /mo
Pending
3470 Tunnah Rd Nanaimo, BC V9T 2V9
1.89 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 984790
Rental Info Unrestricted
Annual Tax Amount $2,282
Tax Year 2024
Lot Size 1.890 Acres
Acres 1.89
Property Sub-Type Land
Property Description
This 1.89 acre (82510sf) parcel has R10 zoning which permits residential uses such as multifamily development and single family lots. Its current use is ideally an estate-type build with two residences to minimize access requirements. As a development property, this holds longer term value as a holding property until other development on surrounding properties is planned and economies of scale for access are realized. The City of Nanaimo under the Official Community Plan has designated this as Neighbourhood Corridor which supports multifamily. All zoning needs to be confirmed re: under BC Government Bill 44 and the City of Nanaimo's recent zoning changes. Services to the property line include both water and sewer; Fortis is approx. 100ft from property. The location is walking distance to both elementary and secondary schools, bus routes, and proximate to shopping, and most other Departure Bay and Upland amenities. All measurements are approximate and should be verified if important.
Location
Province BC
County Nanaimo, City Of
Area Na Uplands
Zoning R10
Rooms
Kitchen 0
Building
Lot Description Acreage, Central Location, Private, Quiet Area, In Wooded Area, See Remarks
Sewer Sewer To Lot
Water To Lot
Others
Tax ID 004-703-545
Ownership Freehold
Acceptable Financing Clear Title
Listing Terms Clear Title
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
Virtual Tour https://www.youtube.com/watch?v=vvrNySKGekU
Listed by RE/MAX of Nanaimo