
$435,000
About this Land
This 1.89 acre (82510sf) parcel has R10 zoning which permits residential uses such as multifamily development and single family lots. Its current use is ideally an estate-type build with two residences to minimize access requirements. As a development property, this holds longer term value as a holding property until other development on surrounding properties is planned and economies of scale for access are realized. The City of Nanaimo under the Official Community Plan has designated this as Neighbourhood Corridor which supports multifamily. All zoning needs to be confirmed re: under BC Government Bill 44 and the City of Nanaimo's recent zoning changes. Services to the property line include both water and sewer; Fortis is approx. 100ft from property. The location is walking distance to both elementary and secondary schools, bus routes, and proximate to shopping, and most other Departure Bay and Upland amenities. All measurements are approximate and should be verified if important.
Lot Features Of 3470 Tunnah, Uplands, Nanaimo
Acreage, Central Location, Private, Quiet Area, In Wooded Area, See Remarks
Listed by RE/MAX of Nanaimo.
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Disclaimer: This representation is based in whole or in part on data generated by the VIREB - Vancouver Island Real Estate Board which assumes no responsibility for its accuracy.
Features
- MLS®: 984790
- Type: Land
- Bedrooms: 0
- Bathrooms: 0
- Lot Size: 82,510 sqft
- Taxes: $2,282 (2024)
- Parking: 0