For Sale: 103 Lotus Pinnatus Way, Nanaimo, BC - REW
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$5,900,000
0 bd • ba • sf • Multifamily
103 Lotus Pinnatus Way
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$5,900,000
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103 Lotus Pinnatus WayNanaimo, BC, V9R 4A7

South Nanaimo
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. Offered as-is, where-is. All information and measurements are approximate and must be verified if important.
Listed by: Travis Carmichael, Royal LePage Nanaimo Realty (NanIsHwyN) (VIREB)

Home facts and features

Price details
List Price
$5,900,000
Get Pre-Approved
Gross Taxes for 2024
$25,258
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
90.48 acres
Title
Freehold
Features
Acreage, Central Location
Community
Agent details
Primary Agent
Primary Broker
Royal LePage Nanaimo Realty (NanIsHwyN) (VIREB)
Listing details
Days on REW
271 Days
Property Views
254
MLS® Number
1013534
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Georgia Avenue School
  • Public
  • Pre-K - 7
  • In Catchment
John Barsby Community School
  • Public
  • 8 - 12
The High School at VIU
  • Independent
  • 10 - 12
Pauline Haarer Elementary School
  • Public
  • K - 7
Nanaimo Christian School
  • Independent
  • K - 12
Quarterway School
  • Public
  • Pre-K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Travis Carmichael
Phone:
250-758-7653
Cell:
250-758-7653
Office:
250-758-7653
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.