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Commercial Mix | For sale

5360 Bergen-Op-Zoom Dr, Nanaimo, British Columbia V9T5Y9

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5360 Bergen-Op-Zoom Dr, Nanaimo, British Columbia V9T5Y9
Pleasant Valley
13 days

$3,799,000

$11233/ month

Mortgage Payment

Beds

Baths

Date
16 May
Time
Anytime
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Description

Excellent development opportunity located in North Nanaimo on Vancouver Island in British Columbia. This offering is for 3.68 acres of fairly level land located in the Pleasant Valley area off of Met

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5360 Bergen-Op-Zoom Dr, Nanaimo, British Columbia V9T5Y9 image #0
Available
13 days

5360 Bergen-Op-Zoom Dr, Nanaimo, British Columbia V9T5Y9

$3,799,000

$11,233 / month

est. Mortgage Payment

Date
16 May
Time
Anytime
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In person
In Person
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Online tour
Online
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Your Payment

$11,233/ monthly

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Guglu Homes

Sales Representative



Excellent development opportunity located in North Nanaimo on Vancouver Island in British Columbia. This offering is for 3.68 acres of fairly level land located in the Pleasant Valley area off of Metral Drive that just underwent a significant upgrade to accommodate the various developments and increased population within the area. The property is improved with 2 homes. The primary residence was built in 1990, is in great shape and offers 2,425 sq ft of living space with a total of 3 bedrooms, 3 bathrooms, den and hobby room. The second home is the original home that offers 1,934 sq ft with 1 bedroom plus 2 dens and 1 bathroom. The property is currently zoned Residential 1 however is within a commercial and residential neighborhood that is transitioning to a mix of low to high density multi-family developments. Under the City of Nanaimo Official Community Plan (OCP) the property is designated Corridor which is designated to support higher density land uses including medium to high density residential as well as mixed commercial use. The property is well suited for rezoning to R6 (Low Density Residential) and R8 (Medium Density Residential) or a combination of both. The size of the property would support a multiple family rezoning to a density range of 74-223 units depending on the design. These types of properties are very rare in the central mid Island area and this particular property provides an income stream while under the design stage while determining the highest and best use for the strategically located property. Nanaimo is a rapidly growing community with a strong demand for housing whether it be purpose built rental units, condos, or townhomes. This is a great holding property! Please email or call for further details. All measurements are approximate and data should be verified if important. (id:44040)

5360 Bergen-Op-Zoom Dr, Nanaimo, British Columbia | Guglu Homes

This Residential property located at 5360 Bergen-Op-Zoom Dr, Nanaimo, British Columbia comes with bedrooms, bathrooms, and parking with a total of parking spots. This Commercial Mix located in the Pleasant Valley neighbourhood of Nanaimo city has a Freehold ownership status and is currently on sale for $3,799,000 canadian dollars. This property MLS#: 901842 has been live on our site for 13 days

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Mortgage Agent
Harminder Grewal

Harminder has more than 10 years of experience.

Language:

English

Response Time:

Within an hour
Lawyer
Andrew Wilson

Andrew has more than 10 years of experience.

Language:

English

Response Time:

Within an hour
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The listing data is deemed reliable but is not guaranteed accurate by TRREB or Guglu Homes Inc.
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The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association or Guglu.
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