2330 Extension Rd, No City Value, BC | MLS^® R2921482 Property Details

31.6% price reduce

Discover an exceptional investment opportunity with this 5-acre development lot located within Nanaimo's city limits, one of the region's fastest-growing areas. A proposal for a 27-unit development has been thoroughly discussed with city officials, and all architectural and engineering designs, along with geotechnical, environmental, and other reports, are available as part of the offering. The potential for higher density under the new Nanaimo OCP regulations provides substantial development opportunities. Adjacent to the Swordfern/Stonecrop subdivision in the desirable Cinnabar Heights area along Extension Rd, this lot offers a perfect blend of natural living and urban convenience. It is an ideal location for your next project, combining tranquility with proximity to city amenities.

General Info

Price $2,999,999

Total Bedrooms -

Total Bathrooms -

Half Bathrooms -

Floor Area Total (sqft) -

Lot Size 5

Lot Size Depth Feet

Lot Size Frontage -

Basement Features BasementFeatures

Property Metrics

Year Built -

Age Of Building -

Building Type -

Property Type Land

Stories -

Building Features BuildingFeatures

Structures Land Only

Additional Details

MLS^® # R2921482

Area FVREB Out of Town

Neighbourhood FVREB Out of Town

City No City Value

Gross Taxes $10,110.75

Ownership Type Freehold NonStrata

Maintenance Fee -

Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity Not Available, Natural Gas Not Available, Phone Nearby, Cable Not Available

Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning R10

Rental Suites -

# of Kitchens -

Locker -

View Description PARK; VALLEY; FOREST

Units In Development -

Property History

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Status	Date	Price

Listed by: Westmont Realty Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary

John Barsby Community School

4.96 km

Elementary

Chase River Elementary School

Average

2.23 km

5.3/10

Elementary

Chase River Elementary School

2.23 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary

Nanaimo Christian School

8.87 km

Secondary

The High School at VIU

6.2 km

Closest Transit

Bus Stop

Cinnabar at Stacey (SB)

0.21 km

Skytrain

Skytrain @ Yvr-Airport Stn

55.83 km

Noise/ Power Lines

Road/Hwy Noise

Unlikely

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Listing Price Comparision

This house $1,400,000

Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

2330 Extension Rd, No City Value, BC, MLS^® R2921482