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Royal LePage
Royal LePage
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$680,000

Nanaimo BC, V9R 3H7

MLS® # 1002548

Property Information:

Prime development opportunity in waterfront downtown Nanaimo! This 11,394 sq ft lot zoned DT-5 allows for high - density multi story residential with compatible commercial uses. Enjoy stunning ocean views and picturesque vistas of Maffeo Sutton Park, with direct access to parks and the seawall, steps from vibrant downtown amenities. The seller has completed a survey and provides a detailed proposal for a 6 storey, 21 unit condominium with underground parking, designed to maximize ocean views and integrate with the urban landscape ( for buyers reference only ) Priced to sell, this is a rare chance for developers to create a landmark project in Nanaimo's coveted waterfront downtown area. Price plus tax.

Property Features:

  • Annual Tax Amount: $12,548
  • Lot Features: Central Location, Cleared, Easy Access, Recreation Nearby, Shopping Nearby
  • Lot Frontage: 11325.6 Square Feet
  • Lot Size: 11325.60 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Zoning: DT-5

Courtesy of: eXp Realty (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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⚠ Potential Investment Performance

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Location of 55 Comox Rd, Nanaimo, BC, V9R 3H7

Demographic Information of 55 Comox Rd, Nanaimo, BC, V9R 3H7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,477.60

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.65 %

High school certificate or equivalent

35.63 %

Apprenticeship trade certificate/diploma

9.6 %

College/non-university certificate

21.95 %

University certificate (below bachelor)

0.83 %

University Degree

21.35 %

Commuter

Travel To Work

By Car

79.15 %

By Public Transit

3.75 %

By Walking

11.66 %

By Bicycle

0.65 %

By Other Methods

4.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

83.76 %

Houses

16.24 %

Own Vs. Rent

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