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1303 Junction Ave | $2,500,000
Holly Dias Agent Photo
Holly
Dias
P. (250) 746-8123
 Phone Holly https://www.hollydias.com/
Pemberton Holmes - Duncan
23 Queens Road
 Duncan, BC
 Canada V9L 2W1

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.

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About

I have a passion for real estate and helping clients achieve their investment goals.  I am an experienced Realtor and have over 15 years of background in sales and marketing, predominantly in the Cowichan Valley. A long-time resident of the Valley, I have lived in Cowichan Bay, Chemainus, and currently in Mill Bay. I am efficient, professional, and hard-working; most importantly, my clients are treated like family.

I bring expertise in marketing and sales with my Commerce Degree in Entrepreneurial Management from Royal Roads University and my Diploma in Business Administration from Camosun College.

Most recently, I am completing my Certified International Property Specialist designation through the National Association of Realtors. I have organized teams to facilitate international clients purchasing in the Valley, and surrounding communities. For local clients considering an investment abroad, I am well-connected with Realtors around the world in areas across Canada, United States, Mexico, Brazil, Nicaragua, Asia, Europe and beyond.

I look forward to meeting you soon!
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