A sprawling rancher on a large lot with subdivision potential in North Nanaimo! This 3 bedroom, 3 bathroom home sits on almost half an acre and offers opportunities as a holding property ripe for future development. The City has flagged subdivision potential based on the lot size, frontage, and depth and has previously approved subdivision of neighbouring lots. (Buyers to do own diligence/consultation with City of Nanaimo to verify requirements and approvals for subdivision). Located within walking distance of grocery stores, Woodgrove Mall, all levels of schools, and multiple restaurants, the current home could also be updated to suit all demographics and easily attract tenants. This revitalized street showcases the development opportunity with many new builds, come take a look! Estate Sale - home is being sold As Is/Where Is - Buyer to do due diligence.

Home facts and features

Price details

List Price

$615,000

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Gross Taxes for 2021

$4,582

Home facts

Bedrooms

Bathrooms

Property Type

House

Lot Size

17955 ft²

Year Built

Built in 1978 (45 yrs old)

Title

Freehold

Style

Rancher

Heating Type

Baseboard, Forced Air

Features

Easy Access, Fireplace: Electric

Amenities

Recreation Nearby, Shopping Nearby

Community

North Nanaimo

Agent details

Primary Agent

Brooke Haxton PREC*

Primary Broker

460 Realty Inc. (NA)

Listing details

Days on REW

9 Days

Property Views

644

MLS® Number

921836

Source

Victoria and Vancouver Island MLS

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