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Lot 5-2555 East Wellington Rd | $999,900
Neil Aldridge Agent Photo
Neil
Aldridge
P. (250) 758-7653
 Phone Neil neilaldridge.ca
ROYAL LEPAGE NANAIMO REALTY (NANISHWYN)
4200 Island Highway North
 Nanaimo, BC
 Canada V9T 1W6

Details

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Address Lot 5 2555 East Wellington Rd
AreaNanaimo
Sub AreaSouth Jingle Pot
State/ProvinceBritish Columbia
CountryCanada
Price$999,900
Property TypeLots/Acreage
Bedrooms0
Bathrooms0
Lot Size107593.20 Square Feet
WaterfrontNo
Year Built0
Taxes $12,656
Tax Year2023
MLS® #973600

Here is an ultra rare opportunity to own an acreage lot within the City of Nanaimo limits with municipal water. The 2.47 acre vacant lot will be one of six new building lots created out of a 15.75 acre development on the corner of East Wellington and Stobart Rd. Lot 5 is an AR2 zoned and should allow for two dwellings according to current zoning bylaws. The City of Nanaimo has recently ammended AR2 zoning to support an additional division of the land via building strata meaning you may be able to create two 1.25 acre parcels on this single lot. The property will be serviced by City of Nanaimo water, hydro, and natural gas to the lot line. Buyers will install a septic system as part of their improvements. The lot is relatively flat, has views of Mt Benson, has mature trees, and great sun exposure. Information package and developers disclosure statement available upon request. Registration is estimated for Jan 31, 2025.

Listed by 460 REALTY INC. (NA)

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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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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