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1303 Junction Ave | $2,500,000
Tammy Antrobus Agent Photo
Tammy
Antrobus
C. (250) 488-0804
 P. (250) 480-3000
 Phone Tammy www.TammyAntrobus.com
FAIR REALTY (PENTICTON)
129 Nanaimo Avenue W
 Penticton, BC
 Canada V2A 1N2

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

Live. Work. Play. The South Okanagan is a dream in itself; many fantastic areas to choose from; four distinct seasons; a great variety of indoor or outdoor activities and lots of choice for shopping. The pursuit of investing in Real Estate can be the most exciting and rewarding experience you will encounter. However, finding a suitable property for your families wants and needs at a price you can afford is sometimes a bit of a challenge. You need a Real Estate representative who understands your desires, has a good eye for easy changes that can be made to a property to fit your needs and to help you make the best choice for your family. I am that Realtor®. I demonstrate a profound dedication to all clients whether you are purchasing a dream home or selling a property to move on to bigger and better dreams. With mutual honesty, loyalty and accountability, I will answer your questions and follow your instructions attentively.

If you are looking for a Real Estate representative who knows the Okanagan Valley, has over 20 years of experience working with sellers and buyers, will listen to your ideas, be aggressive in her marketing and advertising, and give you all the attention you deserve, call or text me at 250-488-0804, you won’t be disappointed!

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