Prime Development Opportunity in Nanaimo This exceptional nearly one-acre (.98) vacant lot presents an unparalleled opportunity for discerning builders and land developers. Situated in a thriving family-oriented community and directly across from an Elementary School, this property is currently zoned R5, offering extensive possibilities for multi-family new construction. With the city’s favorable stance towards higher density (subject to approval), this is an ideal location for innovative development. Seize this chance to contribute to the growth of Nanaimo while creating a legacy in a sought-after neighborhood.
Address
1446 Cranberry Ave
List Price
$599,000
Property Type
Residential
Type of Dwelling
Land
Area
Nanaimo
Sub-Area
Na Chase River
Lot Size
42201 Sq. Ft.
Lot Size (Acres)
0.98 Ac.
MLS® Number
978031
Listing Brokerage
RE/MAX of Nanaimo
Postal Code
V9R 6R7
Tax Amount
$4,074.00
Tax Year
2024
Amenities
Level, Southern Exposure