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$449,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 996513
Rental Info Unrestricted
Annual Tax Amount $6,971
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Unimproved Land
Property Description
Approved Development Opportunity10 residential+2 Commercial Units. Located in vibrant South Nanaimo,450 & 460 Irwin Street offer a rare and ready-to-go development opportunity.Centrally positioned within walking distance to the scenic seawall and convenient shopping, this property combines an excellent location with an already-approved vision for the future.The project has a Development Permit approved by the City of Nanaimo for two multi-family buildings, each thoughtfully designed with five residential units + one CRU. Building A and Building B are mirror images, and the floor plans are up to 1000 sq/ft.The innovative design ensures appropriate parking for residents and supports much-needed "missing middle" housing — a critical type of housing that bridges the gap between single-family homes and larger apartment complexes.This is a prime opportunity to step into a project that aligns with Nanaimo's growing demand for diverse, attainable housing.Measurements approximate to be verified
Location
Province BC
County Nanaimo, City Of
Area Na South Nanaimo
Exterior
Parking On Site 1
Others
Pets Allowed Yes
Tax ID 004-150-881
Ownership Freehold
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Listed by RE/MAX of Nanaimo