Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)
DEVELOPMENT PROPERTY* Welcome to Cinnabar Valley. This property has an approved PLA with the city of Nanaimo for a 2-lot subdivision. Lot A would sit on approx .35 acres with existing home. Lot B would be approx. 1.1 acres, Zoned R10, allowing up to 7 units. This property is versatile for all investors with many possibilities, from building a second single family dwelling or utilizing it to its full potential of 7 units (buyers to *verify) This 4 bed 4 bath home features 3400 sqft and sits on 1.43 acres in one of Nanaimo's most sought-after neighborhoods. The main floor features an updated kitchen with stainless steel appliances, living room with vaulted ceilings and breathtaking views of the Valley. Upstairs you will find 3 large bedrooms and a spa like master ensuite. The basement layout offers suite potential for those who want it. Outside offers ample parking with sewer/electrical hook-up for RV. Backyard is fully fenced with an existing vegetable garden and a large deck.
Listing content Copyright 2022 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.