Nanaimo, BC V9S 4C4,345/360 NEWCASTLE Ave

$2,000,000

Est. payment /mo

$2,199,000

9.0%
Est.Price: ?

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345/360 NEWCASTLE Ave Nanaimo, BC V9S 4C4

0.4 Acres Lot

SOLD DATE : 04/19/2021

Key Details

Sold Price $2,000,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 854134

Annual Tax Amount $13,184

Tax Year 2019

Lot Size 0.400 Acres

Property Sub-Type Multi Family

Property Description

Waterfront Land assembly.360 Stewart Ave. and 345 Newcastle Ave. Amazing building opportunity. 17,424 sqft of buildable land with holding property to help cover costs until you want to start construction. The property is located steps to the Nanaimo seawall. This property will allow for up to 32 residential units. Build in one or two phases, as seperate titles exist. Preliminary Plans through City of Nanaimo investigation. 345 Newcastle Ave is rented with tenants up and down.

Location

Province BC

County Nanaimo, City Of

Area Na Brechin Hill

Zoning r8

Exterior

Parking On Site 1

Utilities Available Cable To Lot, Electricity To Lot, Garbage, Natural Gas To Lot, Phone To Lot, See Remarks

Waterfront Description Ocean

View Y/N 1

View City, Mountain(s), Ocean

Building

Lot Description Level, Rectangular Lot, Sloping, Square Lot, Marina Nearby, Recreation Nearby, Southern Exposure

Sewer Sewer To Lot

Water Municipal

Others

Pets Allowed Yes

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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Bought with NAI Commercial Central Vancouver Island Ltd.
agent

John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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