1641 Bowen Rd, Nanaimo - Listing 992939

Discover this stunning House for sale at 1641 Bowen Rd, Nanaimo. Listed as 992939, this property offers a prime opportunity in Vancouver real estate. Explore the details below and contact us to learn more about this home for sale.

1641 Bowen Rd, Nanaimo

Listing MLS® 992939

Property Description

Prime Multi-Family Development Opportunity in Nanaimo! This 18,441 sq. ft. COR1-zoned parcel comes with a Development Permit in place for a 22-unit, four-storey multi-family residential building, making it a rare turnkey investment opportunity. Ideally situated just minutes from downtown Nanaimo, the site offers excellent walkability to Bowen Road amenities, as well as easy access to the Nanaimo Parkway and North Nanaimo. The approved development features a well-balanced unit mix, including 1 Live/Work unit, 3 studios, 9 one-bedrooms, 4 one-bedroom + den units, 3 two-bedroom + den units, and 3 accessible two-bedroom units, catering to a diverse range of residents. This project is for investors who are looking to capitalize on the area's strong rental demand and growth. Full plans and designs are available upon request for qualified buyers. Don't miss out on this exceptional investment—contact us today for more details. (Measurements and data approximate; verify if important.) (id:62865) This Single Family is a prime real estate listing in Nanaimo, perfect for buyers seeking a home for sale in a vibrant neighborhood.

Property Basics:

Price: $1,100,000

Building Type: House

Bedrooms: 2

Living Area: 776 sqft

Bathrooms: 1

Building Details:

Constructed Date: 1938

Total Finished Area: 776 sqft

Land Details:

Lot Size Area: 18441 square feet

Acreage: No

Additional Details:

Common Interest: Freehold

Fireplaces:

Area: Vancouver Island

Listing MLS®: 992939

Real Estate Board: Vancouver Island Real Estate Board

Parcel Number: 005-562-341

Status: Active

Property Taxes: $6,050

Property Address in Nanaimo:

Street: 1641 Bowen Rd

Province: British Columbia

City: Nanaimo

Postal Code: V9S1C7

Suburb: Northfield

Listing By: eXp Realty (NA)

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Range: $10,000 - $5,000,000
Range: 0.1% - 20%
Range: 1 - 40 years

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Call Joe Manhas for more info 604-720-0438

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