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1303 Junction Ave | $2,500,000
Aaron Kuehl Agent Photo
Aaron
Kuehl*
C. (250) 218-0269
 P. (250) 871-1377
 Phone Aaron http://www.keelrealestate.ca/
ENGEL & VOLKERS VANCOUVER ISLAND NORTH
324 5th St.
 Courtenay, BC
 Canada V9N 1K1

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.

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

Aaron Kuehl is a licensed REALTOR® who works with Royal LePage in the Comox Valley. At age 12, he moved with his family from eastern Canada to Vancouver Island, and he quickly became accustomed to island life. Aaron grew up playing hockey, dirt biking, and camping, which are all activities he still currently enjoys. His wife also enjoys the outdoors, and the two of them take every opportunity they can to explore the island with their energetic puppy in tow, or towing them!

Aaron has always had a mind for business, and his hard work and initiative provided him the opportunity to manage a team of up to 30 employees in northern Alberta for a few years. Now working as a REALTOR®, Aaron uses his leadership experience and organizational skills to help people find their own piece of the island, from the Comox Valley to Campbell River. Aaron’s passion and strong work ethic has made him a sought-after real estate agent on Vancouver Island, and he has helped both seasoned and first-time real estate clients navigate the sales of investment properties, first homes, and quiet places to retire.

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