North Nanimo with stunning panoramic ocean and Coastal Mountain views across the Salish Sound, this rare 2.67 acre parcel is in the Lost Lake area of North Nanaimo. With access from two roads (Universal Place and Brodys Place) the possibilities for development are beyond imagination: (1) As a single family estate which almost assures the unique mix of ocean view, privacy, and full city services, all in a coveted north Nanaimo setting. You could build your mansion on the upper part with access from Brodys Place. (2) The R-10 zoning permits both single family and multi-family development. Under multi-family, the zoning supports 16 units per hectare (this parcel is 1.08 Ha). (3) It is also good to subdivide it into some single family lots on Universal Place and develop a 10-12 units strata with detached townhomes by a driveway through Brodys Place. Some services exist in the surrounding area, however additional work will require geo-technical assessment and civil engineering advice as part of a development permit. All measurements are approximate & should be verified if important. (4755233)
Property Type
Vacant Land
Neighbourhood Name
North Nanaimo
Annual Property Taxes
$3,350 (CAD)
Time on REALTOR.ca
1390 days
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