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1441/1445 MONTROSE NANAIMO
Departure Bay neighbourhood of Nanaimo British Columbia Canada V9T 5N2
$999,900
1441/1445 MONTROSE NANAIMO
Price: $999,900
MLS Number: 973894
Bedrooms: 4
Bathrooms: 2
Square Footage: 1689 Sq Ft
Property Type: Single Family
*Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo!* This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city.
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