House
4 Bedrooms
2 Bathrooms
Size: 1,689 sqft
Built in 1956
$999,900
About this House in Departure Bay
*Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo!* This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from …two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city.Exterior Features Of 1441/1445 Montrose, Departure Bay, Nanaimo
Balcony/DeckLot Features Of 1441/1445 Montrose, Departure Bay, Nanaimo
Central Location, Landscaped, Near Golf Course
Listed by RE/MAX of Nanaimo.
*Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo!* This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city.
Exterior Features Of 1441/1445 Montrose, Departure Bay, Nanaimo
Balcony/Deck
Lot Features Of 1441/1445 Montrose, Departure Bay, Nanaimo
Central Location, Landscaped, Near Golf Course
Listed by RE/MAX of Nanaimo.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®: 973894
- Bedrooms: 4
- Bathrooms: 2
- Type: House
- Size: 1,689 sqft
- Lot Size: 14,000 sqft
- Taxes: $4,739 (2023)
- Parking: 4 Driveway
- Fireplaces: 0
- Year Built: 1956
More about Departure Bay, Nanaimo
Latitude: 49.192565
Longitude: -123.970223