Nanaimo, BC V9S1E6,580 Rosehill St
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$ 1,100,000
Est. payment | /mo

3 Beds

1 Bath

1,100 SqFt


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$ 1,100,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,100 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $1,000

Subdivision Central Nanaimo

MLS® Listing ID 994093

Bedrooms 3

Lot Size 0.275 Acres

Acres 12000.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

Shovel-ready multifamily development opportunity in the heart of Nanaimo. This R8-zoned property allows for medium-density residential use, with potential for over 20 units at its highest and best use. The site currently has an approved Development Permit (#130400) in place for a 13-unit project consisting of twelve two-bedroom suites and one spacious penthouse unit. All supporting documentation—including architectural, civil, structural, mechanical, electrical, and landscaping plans—is fully completed and included in the sale. The seller is open to creative financing options, making this an ideal opportunity for developers. Located in the sought-after Townsite area, the property is within walking distance to the waterfront, Bowen Park, schools, transit routes, and downtown Nanaimo. It's also just a short drive to Nanaimo Regional General Hospital (3 minutes), Vancouver Island University and BC Ferries (6 minutes), and several major shopping centres. The lot currently features a three-bedroom rental rancher and a detached garage with lane access—sold “as is, where is.” The entire property is fully fenced. All measurements are approximate and should be verified if fundamental to the purchase. (id:24570)

Location

State BC

Zoning Residential

Rooms

Kitchen 0.0

Extra Room 1 Main level 4-Piece Bathroom

Extra Room 2 Main level 10'0 x 10'11 Bedroom

Extra Room 3 Main level 10'0 x 10'11 Bedroom

Extra Room 4 Main level 10'0 x 11'4 Bedroom

Interior

Heating Other

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Others

Ownership Freehold

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Listed by Sutton Group-West Coast Realty (Nan)
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3009 23 St NE, Calgary, AB, CAN

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580 Rosehill St