Skip To Content

901 Island Hwy S

Nanaimo, BC V9R 6Z2
  • $3,490,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 944630
UPDATED: 39 min ago
$3,490,000
  • 0
    BEDS
  • 0.98
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Business Opportunity
Area:

School Ratings & Info

School District:

Description

HUGE OPPORTUNITY! 20 excellent, mixed size units located on approximately 1 acre, is currently an excellent holding property! Priced for Future and Best Use.a development of up to 98 units is a possibility here. With City approval of course. The current units located at 901 Island Highway include a Single Family home (2 bedroom,2 bath, with and workshop and a garage) 3x studio/bachelor, 12x 1 bedrooms, and 4x 2 bedrooms. The rents are currently increasing monthly. Many updates and renovations have been completed inside and outside of the buildings. A full information package is available. Please contact me for more information. All measurements are approximate.

Monthly Payment Calculator

http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-11-28T10:22:06.333.
www.westcoastrealtor.com/homes/143775007
Print Image

901 Island Hwy S Nanaimo, BC V9R 6Z2

  • Price: $3,490,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 39 min ago
  • MLS #: 944630
0
Beds
0
Baths
0
½ Baths
0.98
Acres
Neighbourhood:
Na South Nanaimo
Area:
Nanaimo
School District:
Parksville, City Of
Property Description
HUGE OPPORTUNITY! 20 excellent, mixed size units located on approximately 1 acre, is currently an excellent holding property! Priced for Future and Best Use.a development of up to 98 units is a possibility here. With City approval of course. The current units located at 901 Island Highway include a Single Family home (2 bedroom,2 bath, with and workshop and a garage) 3x studio/bachelor, 12x 1 bedrooms, and 4x 2 bedrooms. The rents are currently increasing monthly. Many updates and renovations have been completed inside and outside of the buildings. A full information package is available. Please contact me for more information. All measurements are approximate.
Exterior Features

Entry Location Main Level Parking Features On Site Parking Total 15 View Other View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Heating YN No

Property Features

Building Features Transit NearbyVisual Exposure Existing Lease Type Sale Price Ownership Freehold Property Sub Type Business Rental Allowed Unrestricted Sewer Sewer To Lot Tax Annual Amount 12402 Tax Jurisdiction City of Nanaimo Tax Year 2023 Utilities Cable Connected Youngest Age Allowed 0 Zoning R8

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Re/Max Of Nanaimo and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-11-28T10:22:06.333.
 
https://bt-photos.global.ssl.fastly.net/victoria/1280_boomver_1_944630-2.jpg https://bt-photos.global.ssl.fastly.net/victoria/1280_boomver_1_944630-2.jpg https://bt-photos.global.ssl.fastly.net/victoria/1280_boomver_1_944630-2.jpg
Logo
Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8