Description

Super central 17 Unit development site under RM9A that allows for multi family condos and townhouses. 1.5FSR with plans to build 15,330 SF. Plan designed for six 1bed / nine 2 bed / and two 3bed units ranging in size from 513sf to 1517 SF. Great floor plans with units designed to capture the affordable range of the market. Plans are ready to be submitted to the City for approval after many discussions with city planner. To be sold together with 2377 E 30th Ave. Both houses are tenanted and have combined revenue of approximately $8200 / month. Excellent location on Kingsway and Nanaimo and 10mins away from Nanaimo Skytrain Station. Deep 153' foot lots with lane access.

Taxes (2020): $5,440.19

Land

Frontage: 33.00", Depth: 152.8"

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