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4470 Burma Rd Nanaimo, British Columbia V9T 5X4

Acreage

$15,999,999

VTB (First Mortgage only) of up to 70% of accepted offer price, 3 year at 3%-5% possible for a qualified buyer approved and provided at the sole discretion of the seller. Seller open to many options bring your best offer. Welcome to most desirable property of North Nanaimo. 29.16 acres potential development land in Urban Reserve zoning allows for 22 dwellings in current zoning (2 dwellings per 2.47 acres). This property is surrounded by new subdivisions around. Can be rezoned to multifamily or higher density usage. The options are endless There is a new house on the property with a legal mortgage helper suite. Buyer to verify details if important (id:46507)

Property Details

MLS® Number 921300
Property Type Multi-family
Neigbourhood North Nanaimo
Features Acreage, Private Setting, Wooded Area, Rocky, Other

Building

Size Exterior 3000 Sqft
Type Multi-family

Land

Acreage Yes
Size Irregular 29.1
Size Total 29.1 Ac
Size Total Text 29.1 Ac
Zoning Description Ar2
Zoning Type Unknown

https://www.realtor.ca/real-estate/25179521/4470-burma-rd-nanaimo-north-nanaimo

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Nita Sihota
Personal Real Estate Corporation

(604) 679-8486
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