1421 Princess Royal Ave, Nanaimo, BC
$998,000
Bed
Bath
Square feet
Acres
About 1421 Princess Royal Ave
A rare opportunity in today's market for you to own your very own income producing apartment building or sell as condos. Project incl. two ocean view legal lots totaling almost a quarter acre of land w/ ocean views of Newcastle Channel, incredible walkability to amenities plus a fresh Development Permit in hand making this a turn-key opportunity in the sought after Brechin Hill area. Close to marinas, BC Ferries, seaplanes & a short stroll to downtown cafes, restaurants, pubs & shops, this development property is the ideal site to build on. The current approved plans offer over 15,000 sqft of finished interior space set over 4 floors, w/ 16 units including a mix of 1 bedroom, 1 bedroom and den & 2 bedroom homes. There is currently a small house on the property with alley access on the low side making parking access easy & practical. This property is zoned R-8, Medium Density Residential. (All measurements are approximate & info should be verified if important)
Residential home for sale in Nanaimo, BC at 1421 Princess Royal Ave. This 1 bedroom Residential home is priced at $1,472/sqft
Features of 1421 Princess Royal Ave
| MLS® # | 865747 |
|---|---|
| Price | $998,000 |
| Sold Price | $927,500 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Square Footage | 678 |
| Acres | 0.23 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Status | Closed |
| View | Mountain(s), Ocean |
Community Information: Nanaimo
| Address | 1421 Princess Royal Ave |
|---|---|
| Area | Na Brechin Hill |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9S 3Z8 |
Amenities of 1421 Princess Royal Ave
| Parking | Open |
|---|---|
| # of Kitchens | 1 |
| View | Mountain(s), Ocean |
| Is Waterfront | No |
| Has Pool | No |
Interior of 1421 Princess Royal Ave
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior of 1421 Princess Royal Ave
| Roof | Asphalt Shingle |
|---|---|
| Construction | Frame Wood, Wood |
| Foundation | None |
Additional Information On 1421 Princess Royal Ave
| Date Listed | February 10th, 2021 |
|---|---|
| Date Sold | April 6th, 2021 |
| Days on Market | 28 |
| Zoning | R8 |