VTB (First Mortgage only) of up to 70% of accepted offer price, 3 year at 3%-5% possible for a qualified buyer approved and provided at the sole discretion of the seller. Seller open to many options bring your best offer. Welcome to most desirable property of North Nanaimo. 29.16 acres potential development land in Urban Reserve zoning allows for 22 dwellings in current zoning (2 dwellings per 2.47 acres). This property is surrounded by new subdivisions around. Can be rezoned to multifamily or higher density usage. The options are endless There is a new house on the property with a legal mortgage helper suite. Buyer to verify details if important. Also listed 921313
- Price:
- $15,999,999
- Acreage:
- 29.16
- Listing ID #:
- 921300
- Street Address:
- 4470 Burma Rd
- City:
- Nanaimo
- Province:
- British Columbia
- Postal Code:
- V9T 5X4
- County:
- Nanaimo
- Community:
- Nanaimo
- Subarea:
- North Nanaimo
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Features:
- See Remarks
- Conforms To Zoning:
- Ar2
- Lot Features:
- Acreage, Private, Quiet Area, Rocky, Serviced, Wooded
- Lot Size:
- 29.16
- Lot Square Footage:
- 1267596
- Days On Market:
- 74
- Originating Mls:
- Vancouver Island Real Estate Board
- Previous Listing Price:
- 16999990
- Ownership:
- Freehold
- Property Taxes:
- $15,053
- Tax Year:
- 2022
- Existing Water:
- Municipal
- Sewage Type:
- Sewer To Lot
- Listing Provided By Nita Sihota of Sutton Group-West Coast Realty (nan)
