Bought with Xu Sun eXp Realty
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434 Prideaux St Nanaimo, BC V9R 2N5
9,147 Sqft Lot
Key Details
Sold Price -
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 950844
Sold Date -
Style Main Level Entry with Lower Level(s)
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,424
Tax Year 2022
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Single Family Residence
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
Community Na Old City
Area Nanaimo
Rooms
Kitchen 0
Interior
Heating Forced Air, Oil
Cooling None
Flooring Mixed
Fireplace No
Window Features Insulated Windows
Laundry In House
Exterior
Parking Features On Street, Open
Garage Spaces 10.0
View Y/N false
Roof Type Asphalt Shingle,Other
Total Parking Spaces 10
Garage No
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
Others
Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Ownership Freehold
Special Listing Condition Fixer, Land Value Only, Resale
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”