1303 Junction Ave | $2,500,000
Kelly O'Dwyer* Agent Photo
Kelly
O'Dwyer*
C. (250) 741-6615
P. (250) 751-1223
Phone Kelly
RE/MAX OF NANAIMO
#1 - 5140 Metral Drive
Nanaimo, BC
Canada V9T 2K8

Details

%
Years (35 year max)
Years



Address 1303 Junction Ave
AreaNanaimo
Sub AreaChase River
State/ProvinceBritish Columbia
CountryCanada
Price$2,500,000
Property TypeSingle Family
Bedrooms3
Bathrooms2
Floor Space2337 Square Feet
Lot Size61855.20 Square Feet
WaterfrontNo
Year Built1960
Taxes $4,774
Tax Year2023
MLS® #966085

Prime Development Opportunity! This 1.42-acre site is fairly level and offers 328 feet of frontage and is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential and Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre and other amenities, providing convenience for future residents. The property is connected to city services and includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms and 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 and a large level fenced yard, adding to the property's versatility. Easy access to the Island Highway and downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value and development potential, making it an excellent investment for developers as land like this is very rare in Nanaimo. With the existing home providing immediate revenue and the land's development potential, this property represents a strong investment opportunity. Information package available by request.


Listed by RE/MAX OF NANAIMO


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About

Kelly O’Dwyer specializes in client care and building relationships so that your real estate journey is a quality experience. She gets to know your needs, understands your values, and analyses your situation to find out what is going to work best for your real estate requirements.

A realtor for ten years, Kelly has honed her skills to help you as a first time home buyer, if you are upsizing or downsizing, and specializes in relocations from across BC, or out of province.

Prior to her real estate career, Kelly spent fifteen years working as a mortgage lender. That banking experience gave her knowledge of the real estate process, the life situations that can affect transactions, and the consequences of not following process.

There are many steps to a real estate transaction, so Kelly developed her own processes that take you from your first visit with her to when she hands over your keys, and sees a smile on your face.

Kelly and her husband were born in Nanaimo, raised their four children here, and plan to retire here. She knows the best places to eat, the best places to play, and the best driving shortcuts to anywhere around town.

Keep Calm. Call Kelly.