3801 Shenton Rd new

Nanaimo,BC V9T 2H1

$ 1550000

- Bed

- Bath

0 SqFt


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.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning COR2

Others

Pets Allowed Yes

Tax ID 030-366-810

Ownership Freehold

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