Map
Listed price in listed location currency (CAD).
$549,999

331

MLS® 1047925

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1301 sqft
Garage Yes
Taxes $4,235
Days Active 8
Lot Size 0.41 Acres
Approx. Age 1976
Avg. Price Per Sqft $422
MLS® Number 1047925

Property Address: 5557 Big Bear Ridge, Nanaimo, BC, V9T2K3

Average square foot calculated using Size range provided by listing agent.

Description

Development site in the heart of Pleasant Valley: an 18, 000 sq ft (0.41 acre) R5-zoned lot with municipal water and sewer already connected. Under Nanaimo's small-scale multi-unit housing zoning, R5 allows up to four dwelling units on a lot this size, from a fourplex or triplex to two detached homes with suites, with no maximum floor area ratio. The extra-deep lot steps down from the road beneath mature trees, suiting a terraced or walk-out design, or one substantial new home with a large private yard. A three-bedroom manufactured home sits on the site today; the value here is in the land. Quiet ridge road close to shopping, transit and the Nanaimo Parkway. Ideal for developers planning a fourplex, triplex or duplex; individuals with a dream of designing and building their own home; or buyers seeking an affordable entry onto a large lot with the option to build later. Buyer to verify zoning with the City of Nanaimo. Measurement is approximate.
MLS® Number1047925
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1976
BasementOther
DrivewayGarage, Open
Garage Spaces
HeatBaseboard, Electric, Heat Pump
A/CAir Conditioning

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $549,000 and $829,000.
Similar properties in this area sold on average for: $735,721
Expected to sell in 21 days. Similar properties sold in 29 days. This home has been on Zoocasa for 8 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties