$599,000
Development-Ready Property with R14 Zoning & Strong Location Opportunity knocks at 680 Pine Street – a well-situated ¼ acre parcel in central Nanaimo with R14 zoning and rear alley access, making this an ideal site for redevelopment. The existing 3-bedroom, 1-bath home offers rental income while you plan. Add a carriage home, duplex, or explore multi-unit options under current zoning allowances. With strong demand for housing and proximity to Vancouver Island University, shopping, restaurants, and transit, this location provides both immediate rental appeal and excellent long-term upside. A strategic acquisition for the experienced investor. (id:57557)
Property Details
MLS® Number
|
1005005 |
Property Type
|
Multi-family |
Neigbourhood
|
Old City |
Building
Size Exterior
|
10156 Sqft |
Type
|
Multi-family |
Land
Acreage
|
No |
Size Irregular
|
10156 |
Size Total
|
10156 Sqft |
Size Total Text
|
10156 Sqft |
Zoning Type
|
Unknown |
https://www.realtor.ca/real-estate/28549515/680-pine-st-nanaimo-old-city