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$ 1,550,000
Est. payment | /mo
0.75 Acres Lot
$ 1,550,000
Est. payment | /mo
0.75 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 999977
Rental Info Unrestricted
Annual Tax Amount $19,607
Tax Year 2024
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type Unimproved Land
Property Description
A rare opportunity to develop a five-story, lakefront residential building with underground parking on Diver Lake. This strategically located lot in Central Nanaimo comes with a Development Permit already in place. Extensive preliminary planning and design work has been completed, with careful consideration given to maximizing the southern exposure and lake views from every one of the 15 units.
The Development Permit includes two ground-floor units offering flexibility as live/work spaces or can function as full residential homes. Positioned in a tranquil, park-like setting along the lakeshore, the development also includes a designated park area on one side of the property. There is also potential to add a dock on the water, enhancing the lakeside lifestyle this project offers.
The Development Permit includes two ground-floor units offering flexibility as live/work spaces or can function as full residential homes. Positioned in a tranquil, park-like setting along the lakeshore, the development also includes a designated park area on one side of the property. There is also potential to add a dock on the water, enhancing the lakeside lifestyle this project offers.
Location
Province BC
County Nanaimo, City Of
Area Na Diver Lake
Zoning COR2
Others
Pets Allowed Yes
Tax ID 030-366-810
Ownership Freehold
Listed by RE/MAX Camosun
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