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$ 3,800,000

254 ADDERLY ROAD, Nanaimo, BC, V9R 6H4

Listing ID# 422140
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$ 3,800,000

  • 254 ADDERLY ROAD
    South Nanaimo, Nanaimo, BC V9R 6H4
  • Listing ID 422140
  • Primary Business Type: Multi-Family
  • Secondary Business Type: Business
  • Building Type: VACANT LAND
  • Status: For Sale/Active
  • Days on Market: 246

Property Description

DEVELOPMENT OPPORTUNITY! Unprecedented Ocean & City view development site in Nanaimo. Located in an upscale residential neighbourhood close to Vancouver Island University all with spectacular views of Nanaimo, the Strait of Georgia, all the way to Vancouver. The original design was approved under the previous zoning incorporating 10 single family lots & 26 luxury townhomes. The Development Permit was ready to be issued for this design. The new R-10 zoning will allow double the number of townhomes. This 12.4 acre site has a 2nd design variation. All plans, reports completed to date are included with the purchase. Please call for an information package.



Listing courtesy of Century 21 Harbour Realty Ltd.


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

44 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 11/2/2017 $385,000
2 11/9/2017 $449,000 4/3
3 11/19/2017 $450,000 5/3
4 11/24/2017 $549,900 4/3
5 12/9/2017 $549,000 3/3
6 11/14/2017 $279,900 3/2
7 12/7/2017 $249,900 2/2
8 11/18/2017 $699,000 5/3
9 12/9/2017 $649,000 4/3
10 10/27/2017 $644,900 4/4
4800 CEDAR RIDGE PLACE, Nanaimo, BC
VACANT LAND
4800 CEDAR RIDGE PLACE
Nanaimo
Listing courtesy of RE/MAX Of Nanaimo
$3,790,000
  • 1 school
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MLS? system data provided by VIREB, copyright? 2017. The information is from sources deemed reliable but not relied upon with independent verification.