One of the last remaining larger parcels in the Diver Lake area with excellent lake views. This 1.38 acre parcel is zoned R1 (Single Dwelling Residential) which is intended to provide for low density, single residential dwelling developments and also two principle dwellings on certain corner lots. The lot is conventional in shape and offers 2 road frontages providing a wider range of development options. The property is located within an established neighbourhood with close proximity to arterial road networks, public transportation, schools, shopping, parks, trails and recreational amenities. City of Nanaimo Official Community Plan, the property is designated ‘Neighbourhood’. The ‘Neighbourhood’ designation is to maintain the character and livability of existing neighbourhoods, while also encouraging increased housing choices. Given the location and OCP designation, the property is well suited for rezoning to higher density. Buyer to verify with the municipality. The property offers an older character home equipped with 3 bedrooms 1 bathroom with over 1500 sq ft of living space offering fantastic views of the lake and privacy. Excellent holding property for the future. Information package available. (id:47421)
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Detailed Information
Features
Acreage, Park setting, Private setting, Wooded area, Corner Site, Other
Listing Contract Date
2024-03-19
Municipal ID
006-292-704
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Views
Lake view
Zoning Description
R1
Zoning
Unknown
Building
Cooling Type
None
Heating Fuel
Electric
Heating Type
Baseboard heaters
Size (Exterior)
2620 square feet
Land
Total Size
1.38 acres
Access Type
Road access
Acreage
Yes
Size of Irregular Land
1.38
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