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$ 795,000

1044-1048 OLD VICTORIA ROAD, Nanaimo, BC, V9R 6R4

Listing ID# 419481
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$ 795,000

  • 1044-1048 OLD VICTORIA ROAD
    South Nanaimo, Nanaimo, BC V9R 6R4
  • Listing ID 419481
  • Primary Business Type: Multi-Family
  • Secondary Business Type: Business
  • Building Type: VACANT LAND
  • Status: For Sale/Active
  • Days on Market: 339

Property Description

2.44 Acres of undeveloped land. Currently zoned R-1 Residential but potential to combine with 1030 Old Victoria Road (see MLS#419480) and increase I-3 Light Industrial presence in a good possibility. Corner lot, services to lot line include water, sanitary and storm sewer, overhead mounted hydro, telephone and cable. Gas service is in the area. Information Portfolio available.




Demographics

South Nanaimo Property Overview
66%Own 34%Rent
  • Detached 4,255
  • Duplex 856
  • Low-Rise 459
  • Semi-Det. 392
$ 368 k

Average Home Price in South Nanaimo

45 years

Average home age in South Nanaimo

Household Size
4,174One-family 2,216Non-family 112Multi-family
Household size (# people)
  • 12,109
  • 22,220
  • 31,134
  • 4-5911
  • 6+129
Household Income in South Nanaimo
81%Employed 11.3%Unemployed 7.7%Self-Employed
  • Blue Collar 4,253
  • White Collar 3,235
$ 53 k

Average income

40 years

Average age

Education
  • Certificate, diploma, degree 10,892
  • High School 4,395
  • No Certificate 3,633
  • College 2,359
  • Apprenticeship 2,052
Marital Status in South Nanaimo
39%Married 38%Single 23%Other
Age groups
  • 0-1923%
  • 20-2916%
  • 30-4926%
  • 50+35%

Points of interest and Comparables - South Nanaimo

top

$305,242*

average price

+3.64%

market trend

* - average price based on 207 comparable properties in the neighbourhood
# date listed bed/bath
1 2/11/2017 $1,550,000
2 9/30/2017 $79,000 1/1
3 1/10/2018 $124,900 2/1
4 12/3/2017 $119,900 2/1
5 10/22/2017 $349,900 5/4
6 1/6/2018 $244,900 3/2
7 12/24/2017 $399,900 4/2
8 11/25/2017 $600,000 6/3
9 1/11/2018 $87,979 3/1
10 12/9/2017 $619,900 5/3
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Lot 2 SPRUSTON ROAD, Nanaimo, BC
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MLS? system data provided by VIREB, copyright? 2018. The information is from sources deemed reliable but not relied upon with independent verification.