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$ 5,850,000
Est. payment /mo
New
1072 Cedar Rd N Nanaimo, BC A1A 1A1
13.18 Acres Lot
UPDATED:
01/17/2025 05:35 PM
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 984805
Rental Info Unrestricted
Annual Tax Amount $11,801
Tax Year 2023
Lot Size 13.180 Acres
Acres 13.18
Property Description
13.19 ACRE SMALL LOT SINGLE FAMILY DEVELOPMENT SITE. Comprising two legal parcels the properties are accessed from both Cedar Road running north-south and Frew Road (east-west). Together the contiguous parcels create an L-shape that is generally flat with a gentle slope upward following Frew Road towards the center of the site. The site is currently vacant and primarily forested and is adjacent to a portion of the future Sandstone master planned development. In 2012 a preliminary layout acceptance (PLA) was granted by the City of Nanaimo (expired Jan 2020) for a 90 lot development with lot sizes ranging from 3,100 to 6,800 square feet in size. The Nanaimo OCP was updated and adopted by Council in 2022 and the road standards were adopted as an amendment to the Subdivision Control Bylaw in 2020 so the previous PLA did not consider the bylaw changes and would need to be re-applied for.
Location
Province BC
County Nanaimo Regional District
Area Na Cedar
Zoning R2
Building
Lot Description Acreage, Easy Access
Others
Tax ID 007-600-551
Ownership Freehold
Listed by Colliers International (Nan)
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