Walton*
#2 - 3179 Barons Rd
Nanaimo, BC
Canada V9R 5B3
Details
Address | 1303 Junction Ave |
Area | Nanaimo |
Sub Area | Chase River |
State/Province | British Columbia |
Country | Canada |
Price | $2,500,000 |
Property Type | Single Family |
Bedrooms | 3 |
Bathrooms | 2 |
Floor Space | 2337 Square Feet |
Lot Size | 61855.20 Square Feet |
Waterfront | No |
Year Built | 1960 |
Taxes | $4,774 |
Tax Year | 2023 |
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.
Location
About
As ‘YOUR Real Estate Professional’ Dawn brings the highest standards of service to her clients, in addition to a wealth of community and local market knowledge. Her client-first philosophy, professional network, marketing savvy and negotiating skills offer a superior real estate experience to her clients.
Having built a successful business in property investment, Dawn understands just what it takes to achieve your real estate goals. Her extensive background in home renovation and new construction gives her clients the confidence necessary to make an informed decision on their investment.
In addition to residential purchases and sales, Dawn specializes in investment opportunities in Central Vancouver Island including Nanaimo, Ladysmith, and Parksville.
Dawn maintains a strong presence in the community supporting local amateur sports, the Children's Miracle Network and is the co-founder of the Erica Murphy female athletic bursary at VIU. When time permits Dawn can also be found at the rink or on the ball field.