Forrest
150-805 Cloverdale Ave
Victoria, BC
Canada V8X 2S9
Details
| 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.
Location
About
Brad Forrest, a resident of the Westshore for the past 30 years, and a Realtor for nearly half of that, has built his business on three primary characteristics: integrity, straight-forwardness and creativity. Brad enables his clients to make informed decisions by ensuring they are well-equipped with all necessary information, whether positive or negative. By using creative approaches in advertising, Brad also further supports his clients interests above his own by focusing on client listing goals rather than enhancing his own brand through bus-stop style advertisements, “Personal referrals from very satisfied clients is not only my brand, but my priority!”
With a family of outdoor enthusiasts, it comes as no surprise that Brad’s relaxed and family-oriented lifestyle further amplifies his extensive skills in real estate, such as his keen, strategic negotiation skills, or his deep understanding of the geographical area. These family oriented values, combined with his client-first approach to business will guarantee a successful and enjoyable process for his clients. After all, “This is your real estate journey, and I am just here to guide you along it.”
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