COR1 zoned multifamily development site. This 18,441 square foot parcel has a Development Permit in place for a 22 unit 4 storey multi family residential building. Located in the heart of Nanaimo this site is situated close to downtown but also provides easy access to the Nanaimo Parkway and North Nanaimo. End users will enjoy the walkability of Bowen Rd and proximity to all amenities. The City of Nanaimo has supported increased density with a 22 unit breakdown: 1 Live/Work, 3 Studio, 9 One Bedroom, 4 One Bedroom + Den, 3 Two Bedroom + Den, 3 Accessible Two Bedroom. Full plans and design are available by request to qualified purchasers.
Address
1641 Bowen Rd
List Price
$1,149,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Bedrooms
2
Bathrooms
1
Floor Area
776 Sq. Ft.
Lot Size
18441 Sq. Ft.
Lot Size (Acres)
0.42 Ac.
Year Built
1938
MLS® Number
979087
Listing Brokerage
460 Realty Inc. (NA)
Basement Area
Crawl Space
Postal Code
V9S 1C7
Tax Amount
$3,735.00
Tax Year
2023
Features
Baseboard, Electric, Mixed, Oil
Amenities
Central Location, Easy Access, Garden, Recreation Nearby, Shopping Nearby, Southern Exposure