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4470 Burma Rd in : Na North Nanaimo Multi Family for sale (Nanaimo) : MLS®# 865641

4470 Burma Rd V9T 5X4 : Na North Nanaimo

Main Photo: 4470 Burma Rd in : Na North Nanaimo Multi Family for sale (Nanaimo)  : MLS®# 865641
$6,900,000
Prop. Type:
Commercial Sale
MLS® Num:
865641
Status:
Active
29.16 acres potential development land. Current zoning is AR2 which is possibly allowed to 22 dwellings ( 2 dwellings per 2.47 acres) in current zoning; however, great potential to rezone the land to multiple family zoning with much higher density usage.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale of Assets
Listing General Location:
Na North Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure29.16 acre(s)
Taxes:
$14,474 / 2020
Building Features:
See Remarks
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal
Fireplace:
No
Other
Main Level
0
Yes
No
Unrestricted
Assessed:
1715000.0
Assessment year:
2021
Jurisdiction name:
City of Nanaimo
Legal Description:
LT A (DD61833) PL 47991 DL 55 WELLINGTON DISTRICT
Zoning:
AR2
Lot Site Features:
Acreage, Private, Quiet Area, Rocky, Serviced, Wooded
Total Parking Spaces:
0
Total Units:
0
Date Listed:
Feb 08, 2021
Original Price:
6900000.0
Data was last updated March 4, 2021 at 04:05 AM (UTC)
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.