1441/1445 Montrose Ave new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9T 5N2
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,689 sqft
Price per Sqft $709
MLS Listing ID 1000857
Style Duplex Side/Side
Bedrooms 4
Rental Info Unrestricted
Year Built 1956
Annual Tax Amount $4,773
Tax Year 2024
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Full Duplex
Property Description
Exceptional 14,000 sq ft oceanview lot in the highly desirable Departure Bay community. Designated under COR1 zoning, this property aligns with Nanaimo's Official Community Plan for higher-density residential development. Ideally located near Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, it offers excellent access to recreation and amenities. A legal duplex currently generates solid rental income from two 2-bedroom suites, providing a valuable holding asset. Preliminary potential for 20–22 residential units makes this a standout opportunity for multi-family or townhome development. Rarely do high-density parcels become available in such a sought-after area. Seize this chance to invest or expand in Nanaimo's thriving market. Contact us today to explore the possibilities. Buyer to verify density, zoning, and building plans with the City of Nanaimo.
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning R4
Rooms
Basement Crawl Space
Main Level Bedrooms 4
Kitchen 2
Interior
Heating Electric,Forced Air
Cooling None
Flooring Mixed
Heat Source Electric,Forced Air
Laundry In Unit
Exterior
Exterior Feature Balcony/Deck
Parking Features Driveway
Roof Type Fibreglass Shingle
Total Parking Spaces 4
Building
Lot Description Central Location,Landscaped,Near Golf Course
Faces Southeast
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood,Vinyl Siding
Others
Pets Allowed Yes
Tax ID 002-621-291
Ownership Freehold
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs