1303 Junction Ave Active

Nanaimo,BC V9R 6R6

$ 2500000

3 Beds

2 Baths

2337 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,337 sqft

Price per Sqft $1,069

MLS Listing ID 966085

Style Main Level Entry with Lower Level(s)

Bedrooms 3

Rental Info Unrestricted

Year Built 1960

Annual Tax Amount $4,774

Tax Year 2023

Lot Size 1.420 Acres

Acres 1.42

Property Description

Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning R1

Rooms

Basement Finished

Main Level Bedrooms 3

Kitchen 1

Interior

Interior Features Ceiling Fan(s)

Heating Electric,Heat Pump,Heat Recovery

Cooling Air Conditioning

Flooring Mixed

Window Features Vinyl Frames

Heat Source Electric,Heat Pump,Heat Recovery

Laundry In House

Exterior

Exterior Feature Balcony/Deck,Balcony/Patio,Fenced

Garage Additional,Detached,Driveway,Garage Double,RV Access/Parking

Garage Spaces 2.0

Roof Type Fibreglass Shingle

Parking Type Additional,Detached,Driveway,Garage Double,RV Access/Parking

Total Parking Spaces 8

Building

Lot Description Acreage,Cleared,Easy Access,Irregular Lot,Level,Rural Setting,Serviced,Shopping Nearby

Faces East

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Additional Building None

Structure Type Frame Wood,Insulation All,Vinyl Siding

Others

Pets Allowed Yes

Tax ID 006-449-301

Ownership Freehold

Pets Description Aquariums,Birds,Caged Mammals,Cats,Dogs

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