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1303 Junction Ave | $2,500,000
Sonja Sutton Agent Photo
Sonja
Sutton*
C. (250) 720-6804
 P. (250) 723-5666
 Phone Sonja
RE/MAX MID-ISLAND REALTY
4201 Johnston Rd.
 Port Alberni, BC
 Canada V9Y 5M8

Details

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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

NOTE: VIREB IDX Reciprocity listings are displayed inaccordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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About

I am a hometown girl. Born & raised in Port Alberni, I love this community and our West Coast lifestyle. Port Alberni truly is the Heart of the Island, and I can't wait to help you explore the potential here. I am blessed to be part of this close knit community surrounded by the raw natural beauty of Vancouver Island.

With over 14 years in Real Estate, I know attention to detail and open & frequent communication play a big part in my success. Providing the BEST customer service is my number one goal; I love what I do, and it shows! Whether you are buying or selling, I look forward to speaking with you to discuss your Real Estate needs further. Contact me at 250-720-6804 or via email at sonjasutton1@gmail.com.


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