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1303 Junction Ave | $2,500,000
Lyndon B. Agent Photo
Lyndon
B.
C. (250) 797-6052
 P. (250) 924-0113
 Phone Lyndon LyndonB.ca
Pemberton Holmes - Ladysmith
P.o. Box 1443 - 516 1st Avenue
 Ladysmith, BC
 Canada V9G 1A7

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.

Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.

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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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

 

I do things with your best interests in mind!

I am a professional Real Estate agent specializing in the Cowichan Valley on Vancouver Island, BC. I love this area, and I know you will too! 

Here’s three quick reasons why working with me is beneficial to my clients:

  • Loyalty: As your Real Estate Professional, I work tirelessly on your behalf to represent your best interests in any real estate transaction.
  • Confidentiality: I will hold all information you disclose to me in the strictest of confidence.
  • Full Disclosure: I will give you all the facts that are relevant to your decision.

My career choice to become a Realtor was the culmination of 35 years of professional experience. I have at various times been a Mortgage and Loans Office ; a certified Financial Planner, and an Adult Education Teacher of Economics, Accounting, HR, Marketing, Business Law and Customer Service. After that, I was in the Plumbing and Heating Industry for over 15 years!

Needless to say, my experience has given me a comprehensive, holistic perspective on Real Estate, and literally everything that goes into it. I’m able to help you get what you need from the bank, I can explain contracts simply and respectfully, and I can describe housing components easily.

Whether you are a buyer or a seller, I am confident that I can offer you top quality service. Simply give me a call and see for yourself.

I look forward to hearing from you!

Call me at (250) 797-6052

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