4470 Burma Rd, Nanaimo, BC V9T 5X4

$15,999,999

Courtesy of Sutton Group-West Coast Realty (Nan)

List Price
$15,999,999
Status
ACTIVE
MLS®
921300
Price Change
▼ $999,991 1678334637
Property Type
Commercial
Acres
29.16
Lot Size
1,267,596
District
Nanaimo
Neighbourhood
Na North Nanaimo

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. Also listed 921313

Additional Information

Lot Features
Acreage, Private, Quiet Area, Rocky, Serviced, Wooded
Taxes
$15,053
Rentals Allowed
Unrestricted

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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