Prime Multifamily Development Opportunity! This large, R8-zoned corner lot is perfect for a four-plex build. Currently featuring a 3-bedroom, 2-bath character home (built in 1905) with a separate 1-bedroom suite. Strategically located near Departure Bay ferry terminal, bus routes, shopping, schools, parks, and major highways—this site offers unbeatable convenience. With two existing water connections, expanding the property is made easier. Featuring mature fruit trees and an established salon business currently operating on the property, both the salon and lower suite are owner-occupied but can be rented out by the new owner. Whether you’re looking to develop, invest, or both, this versatile property offers endless possibilities. Sold as-is, this property is ideal for developers or investors ready to maximize its potential. All measurements are approximate; buyers to verify if important. (id:44056)

Property Details

Full Address:
410 Rosehill St, Nanaimo, British Columbia
Price:
$ 575,000
MLS Number:
984924
List Date:
January 20th, 2025
Lot Size:
7840 sq.ft.
Year Built:
1905
Taxes:
$ 3,840

Interior Features

Bedrooms:
3
Bathrooms:
2
Air Conditioning:
None
Heating:
Baseboard heaters

Building Features

Architectural Style:
Character
Zoning:
Multi-Family
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 3,840

Floors

Finished Area:
2535 sq.ft.
Main Floor:
1750 sq.ft.

Land

Lot Size:
7840 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Maegan Morton
B.C. Farm & Ranch Realty Corp.
Co-Listing: Loralee Burns
B.C. Farm & Ranch Realty Corp.

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