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1226 Lawlor Rd, Nanaimo

MLS® #1028268
About this Property

Investment/redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home/RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home sites, 8 RV sites, and 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher, with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Full package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer. (id:62865)

Property Information

Status

Active

Property Type

Multi-Family

Ownership

Freehold

Annual Tax

$9,328

Zoning

Unknown

Parcel Number

004-605-535

Data Source

Vancouver Island Real Estate Board

Exterior & Lot

Lot Size

1.75 acres

Lot Features

AcreageOther
Building & Utilities

Heating

Baseboard heaters, Electric

$2,800,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Sutton Group-West Coast Realty (Nan)

Mortgage Calculator
$560,000

Loan Amount:

$2,240,000

Estimated Monthly Payment:

$10,916

This is an estimate for informational purposes only. Consult with a financial advisor.