Details

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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.

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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Mapping Disclaimer 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

Meet Liana

Pemberton Holmes real estate has been serving the communities of Greater Victoria and Vancouver Island since 1887 and is still a family owned company six generations later.

Well versed and highly regarded within the real estate community, Liana successfully serves a diverse range of buyers and sellers in achieving all of their real estate goals. Connecting clients with teams of professionals including financing experts, home inspectors, lawyers, builders, stagers, cleaners, movers and more assures Liana’s clients are best supported each unique step of the way.

Liana understands and respects the complexity of each real estate transaction, and strives to give each of her clients exceptional service. A relentless work ethic, high level of integrity, appreciation for people from all walks of life, and friendly disposition are the foundational blocks that allow Liana to truly help others.

With invaluable experience working for a top Developer in downtown Victoria, Liana possesses great knowledge in residential development, strata properties and single family homes. From the early building stages to the final walk through and deficiencies, she provides seamless communication and professionalism to all parties involved.

Outside the office, Liana enjoys spending quality time with her close family and good friends. She holds a BA from the University of Victoria and has proficiency in the Italian and Spanish language.

Office Telephone: 250-384-8124 | Email: liana.scigli@gmail.com

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