About This Property
Zoned R8 - High Density Multi-Story Residential. This property offers significant LAND ASSEMBLY POTENTIAL with favorable neighboring interest. Positioned in a rapidly developing urban core, this site is a prime candidate for a larger-scale multi-unit project beyond its individual lot size. Holding income available while you navigate the development process. Contact Listing Agent for a detailed strategic development package and potential assembly options. (id:64973)
The property at 115 Haliburton Street in Nanaimo is priced at $421 per square foot, which is slightly above the city's average of $400 per square foot for similar-sized single-family homes. However, its R8 zoning and proximity to the rapidly developing urban core make it a compelling option for developers seeking land assembly opportunities to build larger-scale multi-unit projects. Investors seeking a holding property with rental income potential while navigating the development process would be well-suited for this listing.
Property Details
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