1421 Princess Royal Ave, Nanaimo, BC

$998,000

1

Bed

1

Bath

678

Square feet

0.23

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
Bedrooms 1
Bathrooms 1.00
Square Footage 678
Acres 0.23
Year Built 1920
Type Residential
Sub-Type Single Family Detached
Status Active

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
View Mountain(s), Ocean
Is Waterfront 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

Days on Market 26
Office RE/MAX Of Nanaimo
Zoning R8

Map To 1421 Princess Royal Ave, Nanaimo

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