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5320 Dewar Rd, Nanaimo

MLS® #1028766
About this Property

Rare Ocean View Development Opportunity in North Nanaimo! Perched high in the prestigious Ocean View Terrace neighbourhood, this exceptional 13,454 sq ft lot offers breathtaking panoramic views of the Salish Sea, stretching from Downtown Vancouver and the Coastal Mountains to the Sunshine Coast. Enjoy stunning sunsets over the Winchelsea Islands and ever-changing ocean scenery from your future dream home. This expansive property also presents excellent subdivision potential, with the possibility to create two or more building lots (buyer to verify with the City of Nanaimo), making it an attractive opportunity for builders, developers, or investors. Located in one of North Nanaimo’s most desirable neighbourhoods, just minutes to top-rated schools, shopping, restaurants, beaches, parks, and recreation. A rare chance to secure a premium ocean-view property with development potential in a highly sought-after location. Price plus GST. All measurements are approximate and should be verified if important. (id:62865)

Property Information

Status

Active

Property Type

Vacant Land

Ownership

Freehold

Parking Spaces

4

Annual Tax

$6,053

Zoning

Residential

Data Source

Vancouver Island Real Estate Board

Interior Details

Bedrooms

0

Bathrooms

0

Exterior & Lot

Lot Size

13454.0 sqft

$999,800

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

REMAX Professionals (NA)

Mortgage Calculator
$199,960

Loan Amount:

$799,840

Estimated Monthly Payment:

$3,898

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