VTB (First Mortgage only) of up to 70% of accepted offer price, 3 year at 5% possible for a qualified buyer approved and provided at the sole discretion of the seller. Seller open to many options bring your best offer. Welcome to most desirable property of North Nanaimo. 29.16 acres potential development land in Urban Reserve zoning allows for 22 dwellings in current zoning (2 dwellings per 2.47 acres). This property is surrounded by new subdivisions around. Can be rezoned to multifamily or higher density usage. The options are endless There is a new house on the property 5 bed 4 bath with a legal mortgage helper suite.Measurements from BC assessment buyer to verify if fundamental to purchase. Also under mls 947516More details
Listed by Nita Sihota
of Sutton Group-West Coast Realty (Nan)
VTB (First Mortgage only) of up to 70% of accepted offer price, 3 year at 5% possible for a qualified buyer approved and provided at the sole discretion of the seller. Seller is open to options; swap, partnership, investment, be creative bring your best offer. Welcome to most desirable property of North Nanaimo. 29.16 acres potential development land in Urban Reserve zoning allows for 22 dwellings in current zoning (2 dwellings per 2.47 acres). This property is surrounded by new subdivisions around. Can be rezoned to multifamily or higher density usage. The options are endless There is a new house on the property 5 bed 4 bath with a legal mortgage helper suite. Buyer to verify details if important. Also under MLS947518More details
Listed by Nita Sihota
of Sutton Group-West Coast Realty (Nan)
Investment/redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home/RV Park with 2 homes, ideal for redevelopment, zoned R12. This property is a great investment with future redevelopment potential. Includes 3 structures. A 1600 ft2 2 level character home rented out and used the mangers' office (needs TLC), also a 750 ft2 2-bedroom 1-bathroom detached cottage and a 1500 ft2 storage building. 27 rental units, 14 Mobile home, 8 RV, 3 park model, 2 homes and 4 storage units. End of no through road, connected to city sewer and water. Flat site. Storage units are vacant, as well 7 sites not collecting rent, Potential rent is much higher. See full package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.More details
Listed by Ken Welte
of Sutton Group-West Coast Realty (Nan)
2019 built 10 unit building with rental income of $9983+utilities per month is up for grabs. Close to ammenities, transit, ferries, float planes, shopping, mall, schools, parks, churches is not the only reason this property has almost 100% occupied rate with wait list. The building is really well managed, clean with wonderful tenants in place. Seller retiring, option to vendor financing also available. If you have been looking to build your rental portfolio for passive income, this is the one you need to score. Fully tenanted to viewings are only Friday June 16, 2023 between 10-1 PM. If you plan on viewing without representation, please notify us in advance. Offers if any to be presented June 18, at 5 PM. All measurements from BC assessment are approximate, buyer to verify if fundamental to purchase.More details
Listed by Nita Sihota
of Sutton Group-West Coast Realty (Nan)
Enjoy OCEAN views from all over the house spans from Winchelsea Islands & across Georgia Strait to the Coastal Mtns from this modern style home. Overlooking Morningside Estates, at Neck Point, Pipers Lagoon Parks, Shack Island, Sunshine Coast & Vancouver Downtown. Best house in the town. Custom built home offers 5107 sqft approx. luxurious finished living space on 4 levels; consists of 5 spacious bedrooms,8 baths, great room, dining room, kitchen & nook, rec room, media room. Lwer level has 652 private guest apartment or legal suite c/w separate entry, Architecture designs with open concept & high ceilings, and constructed with all components of contemporary modern home. Featuring flooring with trendy tiles & engineered wood, kitchen, bath & BI-entertainment center with wood cabinetry, designer bath & lighting fixture, heat pump, forced air furnace, in-floor heating, gas fireplace & much more. House rented for $7700 a month plus all the utilities plus maintenance of landscape.More details
Listed by Raj Banga
of Sutton Group-West Coast Realty (Nan)
