OLD CITY QUARTER

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434 & 440 Prideaux St
Na Old City Nanaimo V9R 2N5

$1,200,000
Residential beds: 0 baths: 0.0 0 sq. ft. built: 1900

Main Photo: 434 & 440 Prideaux St in Nanaimo: Na Old City House for sale : MLS®# 941689
Photo 1: 434 & 440 Prideaux St in Nanaimo: Na Old City House for sale : MLS®# 941689
Photo 2: 434 & 440 Prideaux St in Nanaimo: Na Old City House for sale : MLS®# 941689
Photo 3: 434 & 440 Prideaux St in Nanaimo: Na Old City House for sale : MLS®# 941689
Photo 4: 434 & 440 Prideaux St in Nanaimo: Na Old City House for sale : MLS®# 941689
Photo 5: 434 & 440 Prideaux St in Nanaimo: Na Old City House for sale : MLS®# 941689
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Status:
Active
Prop. Type:
Residential
MLS® Num:
941689
Year Built:
1900
DEVELOPMENT OPPORTUNITY! This prime location in the city's old City Quarter, on 2 lots combining nearly 18000 sq ft of land, zoned DT8 , we offer an excellent opportunity. Currently homes sit on each lot so rental income will be welcomed as one goes through the application process. Some potential for this property as per the city is a Max height of building at 10.5m w/possibility for a variance to go higher, depending on the plan. If ONLY residential, max gross floor area ratio is lot square footage x .85, but If commercial units are included on ground floor to qualify as MIXED USE, you add in .15 to get to 1.0 total. 25% of the gross floor area ratio is needed as commercial to qualify as "mixed use". Huge potential here with up to about 30 units possible. Buyer to do own due diligence regarding full development potential. All measurements and data are approximate and should be verified if deemed important.
Property Type:
Residential
Type:
Single Family Detached
Year built:
1900 (Age: 123)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
0 sq. ft.
Listing General Location:
Na Old City, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
17,888.124 sq. ft.
Kitchens:
0
Taxes:
Construction:
Frame Wood, Vinyl Siding
New Construction:
No
Basement:
Full, Partially Finished
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle, Other
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
0 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
0 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Forced Air, Oil
Fireplace:
No
Pending Date:
Insulated Windows
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Fixer, Land Value Only, Resale
Exposure / Faces:
Southwest
Layout:
Main Level Entry with Lower Level(s)
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Street, Open
Total Parking Spaces:
10
Total Units:
Date Listed:
Aug 28, 2023
Original Price:
1200000.0
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Listed by eXp Realty
Data was last updated September 28, 2023 at 06:05 PM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$649,900
Min list price:
$289,900
Max list price:
$2,680,000
Avg days on market:
41
Min days on market:
6
Max days on market:
206
Avg price per sq.ft.:
$547.55
These statistics are generated based on the current listing's property type and located in Na Old City. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.