P. (250) 248-4321
Phone Susan TF. 1 (866) 248-7711
susan@susanforrest.com www.susanforrest.com
173 West Island Hwy
Parksville, BC
Canada V9P2H1
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
Susan has lived in the Oceanside area (Parksville/Qualicum/Nanaimo) since 1975
and has been a resident of Nanoose Bay since 2002. Susan started her Real Estate
career in 2001 after coming from a lifelong career in Hospitality Management.
She specializes now in giving her Real Estate clients, whether they are buyers
looking for that perfect property or sellers needing to make that change, the
service and dedication that they deserve. She enjoys challenges, getting the job
done and does whatever it takes to ensure it does!!!
In her first years of Real Estate (2002-2003), Susan achieved Presidents Gold Status representing the top 10% in sales for Royal LePage Canada. The next years 2004-2009 saw Susan earn Directors Platinum and Diamond Awards each year representing the top 5% and then the top 3% in sales. Since 2010, she has been awarded membership in Royal LePage’s elite National Chairman’s Club. This Club is for the top 1% of Royal LePage agents across Canada. On Vancouver Island she has been the # 1 top producing agent each year since 2013, and out of 16,000 Royal LePage Agents across Canada, Susan has been in the top 20 most years since 2014. She was honoured to be named BC's A.E. LePage Realtor of the Year Award for 2017, representing the best of the best at Royal LePage for sales, leadership and community involvement!
"My goal has always been, through patience, understanding and hard work, to build long term relationships with clients. I want people to know that I am honest, dedicated and trustworthy, and I will always put their best interests first."