426/436 Wharton St, Nanaimo, BC V9R 1W4

$899,999
4
BD
2
BA
1,366
SqFt

Courtesy of eXp Realty

List Price
$899,999
Bedrooms
4
Sq. Ft
1,366
Acres
0.35
Year Built
1961
Subdivision
Na University District

Property Description

Incredible Investment Opportunity! Two legal lots for sale in the coveted University District. Endless possibilities await with multi-family development potential. The Official City Plan for this area is R7 or R8 zoning, making this a developer's dream. These lots are perfect for townhouses or apartment-style condominiums. One of the lots includes a charming 1961-built home featuring 4 bedrooms, 2 bathrooms, and a main level entry with a walk-out basement. Perfect for rental income while re-zoning. Located just five minutes from downtown, and a short stroll to recreation, shopping, transit and all levels of schools including VIU. Buyer to verify zoning and development potential. Measurements approximate, please verify if important.

Additional Information

Style
M Lev Ent w/Bsmt
Lot Size
15,120
Interior Features
Storage, Workshop
Lot Features
Road - Paved, Central location, Family Oriented, Landscaped, Recreational, Shopping Nearby, Serviced
Fireplaces
2
Fireplace Type
Wood Burning
Parking Type
Carport, Driveway, On Street, RV Access/Parking
Heating
Forced Air, Oil
Cooling
None
Office Name
eXp Realty

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing content Copyright 2024 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.