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532 Prideaux St
Nanaimo, BC V9R 2N7

$604,000

Listing Details

  • $604,000
  • MLS# 997288
  • Type Multi Unit - Multiple
  • Status Active
  • 0.200 acres
    Lot Size

Listed By

Agency Name: RE/MAX of Nanaimo
Agency Phone: 250-751-1223

Shown By

Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291

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Home Value Estimate


Description

This downtown Nanaimo property offers a rare opportunity for small to mid-scale developers entering the multi-family market. While currently generating rental income as a single-family home, its true value lies in the approved development permit for a fourplex with four three-bedroom units. Each unit features a family-friendly layout, private exterior balcony, and townhouse-style entry. Two units will enjoy limited ocean views. This design balances privacy and community?features today's buyers value. New three-bedroom builds are scarce in Nanaimo, making this project especially appealing. It meets all required parking and exemplifies 'missing...read more

Features

  • Property Type: Multi Unit - Multiple
  • Days on Site: 336
  • Lot Size: 0.20 Acres
  • Parcel#: 008519501
  • Parking: On Site
  • Parking Notes: On Site
  • Taxes: $3,291
  • Units: 1
  • Units in Community: 1

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