1303 Junction Ave | $2,500,000
Randy Thorne Agent Photo
Randy
Thorne
C. (250) 588-5969
 P. (250) 384-8124
 Phone Randy randythorne.com
Pemberton Holmes - Cloverdale
150-805 Cloverdale Ave
 Victoria, BC
 Canada V8X 2S9

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.

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.

Location

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About

Meet Randy Thorne

 

Randy Thorne was born and raised in beautiful Victoria, British Columbia, and can’t imagine calling anywhere else “home.”  Randy and his wife Shanon feel fortunate to be able to raise their two young children, Olivia and Hunter, in the ever-growing Westshore area.

 

The diverse landscape and mild climate of Vancouver Island allow the Thorne family to enjoy many outdoor activities year-round, including camping, boating, baseball, golf and soccer.

 

Before venturing into real estate as a career, Randy spent a decade in the construction industry working in various areas, including architectural sheet metal, framing and electrical.

 

Randy joined Pemberton Holmes Real Estate as a licensed real estate agent in 2016, and hasn’t looked back since.  With it's history on Vancouver Island as far back as 1887, the company has the knowledge, integrity, and family feel that Randy can truly connect with.

 

Randy’s got a great team working with him to ensure his clients receive reliable, knowledgeable service - including his wife Shanon, who is a successful Mortgage Specialist with RBC.

 

When asked about what he loves the most about working in the real estate industry, Randy says, “The best part is working with all different types of people.  There is no better feeling then helping a client find their next home and being able to  truly experience their excitement first hand.”

 

If you are looking to purchase or sell your next home, or have questions about the real estate market in general, contact Randy directly at 250-588-5969 or realestate@randythorne.com for a no obligation chat.

 

Let’s get you where you want to go.