Discover an exceptional investment opportunity with this 5-acre development lot located within the city limits of Nanaimo, one of the region's fastest-growing areas. A current proposal for a 27-unit development has been thoroughly discussed with city officials, and all architectural and engineering designs, along with geotechnical, environmental, and other reports, are available as part of the offering. The potential for higher density under the new Nanaimo OCP regulations offers even more substantial development opportunities. Situated next to the Swordfern/Stonecrop subdivision in the desirable Cinnabar Heights area along Extension Rd, this lot provides a perfect blend of natural living and urban convenience. It is an ideal location for your next project, offering both tranquility and proximity to city amenities.
| Address |
2330 Extension Rd |
| List Price |
$4,388,000 |
| Property Type |
Residential |
| Type of Dwelling |
Land |
| Area |
Nanaimo |
| Sub-Area |
Na Chase River |
| Lot Size |
217800 Sq. Ft. |
| Lot Size Acres |
5 Ac. |
| MLS® Number |
974531 |
| Listing Brokerage |
Westmont Realty Inc.
|
| Postal Code |
V9X 0A9 |
| Tax Amount |
$9,199 |
| Tax Year |
2023 |
| Features |
Other |
| Amenities |
Acreage, Easy Access, See Remarks |
