4470 Burma Rd, Nanaimo, BC
$ 15,999,999
Property Attributes
  • ID#921300
  • TypeMulti-Family
  • CityNanaimo
  • NeighbourhoodNorth Nanaimo
  • Postal CodeV9T 5X4
  • Style
  • Price$ 15,999,999
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size29.1 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

VTB (First Mortgage only) of up to 70% of accepted offer price, 3 year at 3%-5% possible for a qualified buyer approved and provided at the sole discretion of the seller. Seller open to many options bring your best offer. Welcome to most desirable property of North Nanaimo. 29.16 acres potential development land in Urban Reserve zoning allows for 22 dwellings in current zoning (2 dwellings per 2.47 acres). This property is surrounded by new subdivisions around. Can be rezoned to multifamily or higher density usage. The options are endless There is a new house on the property with a legal mortgage helper suite. Buyer to verify details if important (id:7434)

General Features

Building Type Multi-Family
Features Acreage, Private setting, Wooded area, Rocky, Other
Neighbourhood North Nanaimo
Ownership Type Freehold
Property Type Multi-family
Zoning Description AR2
Zoningtype Unknown

Interior Features

Building Fireplace Present False


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in V9T 5X4

AVG $16M
AVG 643