$505,000
$550,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
440 Prideaux St Nanaimo, BC V9R 2N5
9,147 Sqft Lot
Key Details
Sold Price $505,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 950845
Style Main Level Entry with Lower Level(s)
Year Built 1900
Annual Tax Amount $4,033
Tax Year 2022
Lot Size 9,147 Sqft
Property Description
DEVELOPMENT OPPORTUNITY! This prime location in the city's Old City Quarter, zoned DT8, offers excellent potential and opportunity. City says a max height of building at 10.5m w/possibility for a variance to go higher, depending on the plan. If ONLY residential, max gross floor area ratio is lot square�footage x .85. If commercial units (need 25%) are included on ground floor to qualify as MIXED USE, you add in .15 to get to 1.0 total. Huge potential here with up to about 30 units possible. Buyer to do own due diligence regarding full development potential. All measurements and data are approximate and should be verified if deemed important.
Location
Province BC
County Nanaimo, City Of
Area Na Old City
Rooms
Kitchen 0
Interior
Heating Forced Air, Oil
Cooling None
Flooring Mixed
Laundry In House
Exterior
Roof Type Asphalt Shingle,Other
Building
Building Description Frame Wood,Vinyl Siding, Main Level Entry with Lower Level(s)
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood,Vinyl Siding
Others
Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with eXp Realty