447,449&455 Nicol St
Nanaimo, British Columbia
MLS® 1036107
$1,250,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 1036107
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 11Listing description
For sale: 427, 449 & 455 Nicol Street, Nanaimo, B. C. (the ''Subject Site'') — a compelling opportunity to acquire a Development Permit-ready multifamily site in one of Nanaimo's most rapidly transforming neighbourhoods.
The Subject Site comprises three contiguous lots totaling 17,692 SF (0. 41 acres) with 160+ feet of frontage on Nicol Street. Zoned COR3 Community Corridor, the plans designed by Stantec Architecture for a 4-storey, 35-unit purpose-built rental building.
The unit mix comprises 8 micro-studios, 15 one-bedroom units, and 12 two-bedroom units. The Subject Site is a five-minute drive to downtown Nanaimo, Port Place Mall, and the Harbourfront Walkway, and ten minutes to Vancouver Island University and BC Ferries terminals.
Property summary
- MLS® number
- 1036107
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 17424 square feet
- Annual property taxes
- $5,006.96
- Days on market
- 132 days
Features & details
- View
- Ocean view
What would this home cost you?
Based on the $1,250,000 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 Sotheby's International Realty Canada (Vic2), Victoria.
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.