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
Address | 4470 Burma Rd |
List Price | $15,999,999 |
Property Type | Residential |
Type of Dwelling | Single Family Detached |
Style of Home | West Coast |
Area | Nanaimo |
Sub-Area | Na North Nanaimo |
Bedrooms | 1 |
Floor Area | 2,800 Sq. Ft. |
Lot Size | 1267596 Sq. Ft. |
Year Built | 2022 |
MLS® Number | 921313 |
Listing Brokerage | Sutton Group-West Coast Realty (Nan) |
Basement Area | Crawl Space |
Postal Code | V9T 5X4 |
Tax Amount | $15,083 |
Tax Year | 2022 |
Features | Electric, Mixed, Other, Security System |
Amenities | Garden, Hillside, In Wooded Area, No Through Road, Park Setting, Quiet Area, Rural Setting, Southern Exposure, Wooded |