About This Property
South Nanaimo split entry home offering renovation or development potential on a 7,808sqft lot with alley access and R5 zoning. R5 qualifies for three and four unit residential, buyer to verify themselves with city. The main level provides 3 bedrooms, 1 bathroom and a traditional kitchen and living room layout. Downstairs is a second kitchen, 1 bedroom, den, bathroom and living/rec-room. The shared laundry is located in the backroom of the garage.Data and measurements are approximate and should be verified by a buyer if deemed important. House and Lot square footage taken from BC Assessment. As Is Where Is. (id:64973)
The $302 per square foot price tag for this 1968-built home in South Nanaimo is competitive compared to the city's current average of $340 per square foot. Given the R5 zoning and additional suite potential, this property presents an enticing development opportunity for builders or investors seeking to add value and capitalize on Nanaimo's growing population.
Property Details
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