103 Lotus Pinnatus Way
Nanaimo, British Columbia
MLS® 1046554
$5,900,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 1046554
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 4Listing description
Development Opportunity - Expansive 90. 48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments.
The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Offered “as-is, where-is,” this property is being sold under a conduct of sale with no representations or warranties. All offers must include Schedule A and are subject to court approval.
Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans.
All information and measurements are approximate and must be verified if important.
Property summary
- MLS® number
- 1046554
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Land size
- 90.48 acres
- Annual property taxes
- $25,258.00
- Days on market
- 37 days
Features & details
- Lot features
- Acreage, Central location
What would this home cost you?
Based on the $5,900,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Nanaimo Realty (NanIsHwyN), Nanaimo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.