1303 Junction Ave | $2,500,000
The McMahon Group Carly and Robyn McMahon Agent Photo
The McMahon Group
Carly and Robyn McMahon
P. (250) 247-2088
Phone The McMahon Group
ROYAL LEPAGE NANAIMO REALTY GABRIOLA
1 - 575 North Road
Gabriola Island, BC
Canada V0R 1X3

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


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About

Robyn and Carly McMahon are licensed REALTORS® living and working on Gabriola Island. This sister duo offers candid and knowledgeable advice when you most need it! When you are looking to buy or sell real estate on Gabriola, Carly and Robyn will make the process an enjoyable and worry-free experience.

Robyn - One of the things I appreciate about being a REALTOR® is seeing people fall in love with Gabriola. The beauty of this island will never be lost on me and it makes me smile when I see others share that feeling.

I hope to help you find the house you will be proud to call home, the getaway that you daydream about coming to, or the land that you will build your dreams on. If you are looking for a real estate team to sell your property, contact us for honest, caring and expert service. We know Gabriola real estate!

I look forward to working with you!

Aside from REALTOR® and mother, when Robyn finds some “free” time she loves to sew and garden. 

Carly - I look forward to meeting new people who dream to call this beautiful place home and make their desire of a more relaxed and peaceful way of life a reality. If it is that your life takes you in another direction, a different path and you need to sell your home, you will find us passionate about finding the buyer for your home who will be the right fit while trying to make your decision as painless as possible. As an active family involved in the community and kids sporting activities we have found a wonderful balance to our lives and can’t imagine it any other way. We love this place, it kept us here all these years and brought us back with smiling faces waiting to watch as our children grow, explore and appreciate all that Gabriola has to offer. 

I would love to hear from you!