For Sale: 575 Milton Street, Nanaimo, BC - REW
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$450,000
0 bd • ba • sf • Land/Lot
575 Milton Street
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$450,000
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575 Milton StreetNanaimo, BC, V9R 2L2

Old City
  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

COMMERCIAL - RESIDENTIAL MIXED USE DEVELOPMENT SITE OFFERED WELL BELOW ASSESSED VALUE - Commercial, Residential, multi-family, live/work, mixed use development property located in a commercial and residential area of the Old City quarter ready for your development ideas. Newly constructed neighbouring townhome development with a commercial component on the ground floor has enhanced the neighbourhood creating a close knit community vibe suitable for young professionals, families, university students and seniors. The site is zoned DT11 providing for personal services, professional offices, multi-family, duplexes, townhomes, residential low scale development up to 3 stories with minimal setback requirements. The location is prime for ease of accessibility to VIU or downtown via walking, bike, driving or public transportation. There are environmental issues noted with the soil therefore the property is being sold AS IS. Buyers to do their own due diligence regarding environmental.
Listed by: Sandy Clark PREC*, Macdonald Commercial Real Estate Services Ltd.

Home facts and features

Price details
List Price
$450,000
Get Pre-Approved
Gross Taxes for 2025
$12,303
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
27934 ft²
Title
Freehold
Features
Adult-oriented Neighbourhood, Central Location, Cleared, Corner, Curb & Gutter, Easy Access, Family-oriented Neighbourhood, Level, Near Golf Course, Serviced
Amenities
Marina Nearby, Recreation Nearby, Shopping Nearby
Community
Agent details
Primary Agent
Primary Broker
Macdonald Commercial Real Estate Services Ltd.
Listing details
Days on REW
229 Days
Property Views
99
MLS® Number
1017872
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

Fairview School
  • Public
  • Pre-K - 7
  • In Catchment
Nanaimo District Secondary School
  • Public
  • 8 - 12
  • In Catchment
Pauline Haarer Elementary School
  • Public
  • K - 7
John Barsby Community School
  • Public
  • 8 - 12
The High School at VIU
  • Independent
  • 10 - 12
Discover Montessori School
  • Independent
  • K
Quarterway School
  • Public
  • Pre-K - 7
Nanaimo Christian School
  • Independent
  • K - 12
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
Sandy Clark PREC*
Phone:
(250) 668-9878
Cell:
250-668-9878
Office:
604-736-5611
Fax:
1-250-388-9636
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