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1512 Adelaide St | $879,000
Nicole Ta Agent Photo
Nicole
Ta*
P. (250) 758-7653
 Phone Nicole
ROYAL LEPAGE NANAIMO REALTY (NANISHWYN)
4200 Island Highway North
 Nanaimo, BC
 Canada V9T 1W6

Details

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Address 1512 Adelaide St
AreaDuncan
Sub AreaCrofton
State/ProvinceBritish Columbia
CountryCanada
Price$879,000
Property TypeSingle Family
Bedrooms3
Bathrooms3
Floor Space957 Square Feet
Lot Size82764.00 Square Feet
WaterfrontNo
Year Built1973
Taxes $5,250
Tax Year2024
MLS® #975529

Development opportunity! Located in Crofton on a 1.9 acre parcel with ocean views and 2 different access points at each end of the property. The 2475 sq.ft home with its 6 bed, 3 bath floor plan just needs a little finishing to make it your own with 2 separate meters & plumbing for a second kitchen in the basement giving it easy suite potential. Currently zoned R-1 Rural Residential, this parcel has an abundance of potential for future highest and best use. With lots of planned growth in the Cowichan Valley and in this area, this is a property not to overlook. The current zoning would allow for 0.41 acre minimum lot sizes and there are other options to re-zone and or maybe stratify this property for a variety of configurations - buyer to do their own research and due diligence in all respects for subdividing/developing. Whether this is a group venture or a purchase with family/friends, the options here are endless. Information packages available regarding density, zoning & more.

Listed by Pemberton Holmes - Duncan

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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