4470 Burma Road, North Nanaimo in Nanaimo, BC
This is a Single Family (Westcoast).
4470 Burma Road, North Nanaimo in Nanaimo
Welcome to the crown jewel of North Nanaimo! This 29.16-acre property is a developer's dream, offering immense potential for lucrative ventures. Currently zoned as Urban Reserve, envision over 22 dwellings sprawling across this vast expanse. With neighboring subdivisions fetching upwards of $500K for 6000sf lots, the investment potential is staggering. But wait, there's more! This property presents an unparalleled opportunity for rezoning, paving the way for multifamily or higher density usage. Imagine the possibilities: a vibrant community, a thriving commercial hub, or luxurious residential complexes. The choice is yours, limited only by your imagination. Nestled within this expansive parcel lies a stunning new 5-bed, 4-bath home, complete with a legal mortgage helper suite. BC Assessment measurements provide a solid foundation, with details to be verified by the discerning buyer. And for those seeking flexibility, vendor financing may be available for qualified buyers, subject to the seller's discretion. Don't miss out on this once-in-a-lifetime chance to secure your slice of Nanaimo's future. Seize the opportunity, and let your vision become reality. Reach out today to unlock the potential of this remarkable property! (id:6289)
$15,888,888
4470 Burma Road, Nanaimo, British Columbia
Essential Information
- MLS® #962877
- Price$15,888,888
- Price per Sqft5675
- Bedrooms5
- Bathrooms4.00
- Square Footage2,800
- Acres29.10
- Year Built2022
- TypeSingle Family
- Sub-TypeFreehold
- StyleWestcoast
- Days on Website13
Amenities
- FeaturesHillside, Park setting, Southern exposure, Wooded area, Other
- Parking Spaces2
Additional Information
- ZoningResidential
Community Information
- Address4470 Burma Road
- SubdivisionNorth Nanaimo
- CityNanaimo
- Postal CodeV9T5X4
Interior
- HeatingElectric Other
- CoolingSee Remarks
- FireplaceYes
- # of Fireplaces2
Listing Details
- Listing OfficeSutton Group-West Coast Realty (Nan)