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1303 Junction Ave | $2,500,000
Fiona Walls Agent Photo
Fiona
Walls*
C. (250) 537-7119
 P. (250) 537-5553
 Phone Fiona
Pemberton Holmes - Salt Spring
1101-115 Fulford-ganges Rd
 Salt Spring Island, BC
 Canada V8K 2T9

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.

Location

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About

Fiona and her family have been a part of the Salt Spring Community since 1980. Fiona

became licensed Realtor in 2002 and has over 35 years of experience in sales and

management as well as a long history of working as an innovative entrepreneurial. Her

years of cumulative experience and expertise makes her a unique and dynamic Relator.

She listens to what a client’s needs are and works together with the client to create an

informed and comfortable home-buying or selling experience. When you meet Fiona,

you’ll find her to be a down-to-earth, very personable and reliable professional dedicated

to the field of Real Estate on Salt Spring Island.

Fiona and her husband raised their family on their farm on Salt Spring Island, and she

spent successful years in the Gulf Islands Real Estate Industry. Once the children left

home, they moved abroad for 5 adventurous years to the United Arab Emirates. They

have since returned to Canada settling once again on Sweetwater farm, and Fiona

returning to her former brokerage Pemberton Holmes Salt Spring Island.

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