2223 Rosstown Rd, Nanaimo, BC V9T 3R4

$699,000
5
BD
2
BA
2,091
SqFt

Courtesy of Pemberton Holmes Ltd. (Pkvl)

List Price
$699,000
Bedrooms
5
Sq. Ft
2,091
Acres
0.15
Year Built
1981
Subdivision
Na Diver Lake

Property Description

Great holding property located in central Nanaimo. Easily walkable to grocery stores, restaurants and Beban Park Recreational Facility and sports fields. Great mountain views from the back deck. Official Community Plan proposes "Neighbourhood" zoning for the property, which would allow for up to four stories of multifamily or mixed commercial/residential. The property is surrounded on two sides by "Mixed-Use Corridor" which is currently being developed into townhouses. This is an opportunity to earn rental income while holding a property with great development potential. Upper unit is currently vacant. Lower unit will be vacant at the end of September. Ready to move in, or place tenants at market rent!

Additional Information

Style
Grd Lev Ent-Main Up
Lot Size
6,460
Interior Features
Dining Room, Eating Area, Storage
Lot Features
View - Mountain, Road - Paved, Central location, Easy Access, Family Oriented, Level Lot, Marina Nearby, Golf Course Nearby, Private Setting, Recreational, Shopping Nearby, Sidewalk, Rectangular Lot, Serviced
Fireplaces
2
Fireplace Type
Electric
Parking Type
Additional Parking, Driveway, Open, RV Access/Parking
Heating
Baseboard, Electric
Cooling
None
Office Name
Pemberton Holmes Ltd. (Pkvl)

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Calculator source: Real Geeks

Listing content Copyright 2023 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.