532 Selby St
Nanaimo, British Columbia
MLS® 1027431
$249,900
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 1027431
- Bedrooms
- 0
- Bathrooms
- 0
- Year built
- —
1 / 34Listing description
APPROVED FOR A SMALLER SETBACK TO ALLOW A GOOD-SIZED FAMILY HOME! This prime 38 x 74. 4 ft cleared vacant lot is an incredible opportunity to bring your plans and develop a building with innumerable possible uses.
The board of variance has recently approved a setback of 1. 52m which will give more flexibility in building a residential home. Zoned DT8, this flexible use zoning allows for mixed-use commercial and residential, residential use, street level commercial with second and third floors as multi-family residential uses, and more.
The location is perfectly suited for a thriving business, adjacent to Nob Hill Park and close to all services and the vibrant Nanaimo Harbour. City services are available to the lot as well as natural gas. Enjoy breathtaking views of the mountain and city by adding height on the upper levels.
Whether for single or multi-family residential or commercial purposes, the options are endless. The DT8 zoning permits a variety of businesses, such as pharmacies, offices, restaurants, pubs, daycares & more. Don't miss out on your chance to build your dream property in this fantastic downtown location.
Property summary
- MLS® number
- 1027431
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 2827 square feet
- Annual property taxes
- $3,576.40
- Days on market
- 181 days
What would this home cost you?
Based on the $249,900 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 Island Living (PK), Parksville.
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.