Homes For Sale in Nanaimo

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1303 Junction Ave
Na Chase River Nanaimo V9R 6R6

$2,500,000
Residential beds: 3 baths: 2.0 2,337 sq. ft. built: 1960

Main Photo: 1303 Junction Ave in Nanaimo: Na Chase River Single Family Residence for sale : MLS®# 966085
Photo 1: 1303 Junction Ave in Nanaimo: Na Chase River Single Family Residence for sale : MLS®# 966085
Photo 2: 1303 Junction Ave in Nanaimo: Na Chase River Single Family Residence for sale : MLS®# 966085
Photo 3: 1303 Junction Ave in Nanaimo: Na Chase River Single Family Residence for sale : MLS®# 966085
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Photo 44: 1303 Junction Ave in Nanaimo: Na Chase River Single Family Residence for sale : MLS®# 966085
Status:
Active
Prop. Type:
Residential
MLS® Num:
966085
Bedrooms:
3
Bathrooms:
2
Year Built:
1960
Prime Development Opportunity! This 1.42-acre site is fairly level & offers 328 feet of frontage & is an ideal rezone to Medium to High-density Residential development, Commercial Center or mixed use Residential & Commercial development. Strategically located in Chase River, south of Nanaimo, the property is in close proximity to Southgate Shopping Centre & other amenities, providing convenience for future residents. The property is connected to city services & includes a fully remodeled 2,337 sq. ft. residence with 3 bedrooms & 2 bathrooms, offering immediate rental income potential or a temporary residence during development. The property is also equipped with an 822 sq ft detached shop & large level fenced yard, adding to the property's versatility. Easy access to the Island Highway & downtown makes this location highly desirable for commuters and enhances the attractiveness for future development. Rezoning maximizes the land's value & development potential. Info Package available.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1960 (Age: 64)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,337 sq. ft.
Listing General Location:
Na Chase River, Nanaimo
Bedrooms:
3
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
1.42 acre(s)
Kitchens:
1
Taxes:
Construction:
Frame Wood, Insulation All, Vinyl Siding
New Construction:
No
Basement:
Finished
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
3,159 sq. ft.
Total Unfinished Area:
822 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
1,138 sq. ft.
Living Area Main Floor:
1,199 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
Additional Accommodations:
None
Cooling:
Air Conditioning
Heating:
Electric, Heat Pump, Heat Recovery
Fireplace:
No
Pending Date:
Ceiling Fan(s)
Vinyl Frames
Balcony/Deck, Balcony/Patio, Fenced
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Lower Level
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:
Zoning:
R1
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
0
Number of 5 piece baths:
1
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Updated/Remodeled
Exposure / Faces:
East
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Acreage, Cleared, Easy Access, Irregular Lot, Level, Rural Setting, Serviced, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Additional Parking, Detached, Driveway, Garage Double, RV Access/Parking
Total Parking Spaces:
8
Road Surface Type:
Paved
Total Units:
Date Listed:
Jun 03, 2024
Original Price:
2500000.0
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  • Photo 16: 1303 Junction Ave in Nanaimo: Na Chase River Single Family Residence for sale : MLS®# 966085
    Front Porch
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    Primary Bedroom
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    5-Piece Main Bath
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    Primary Bedroom
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    Bedroom #2
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    Bedroom #3
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    Stairway to Lower Level
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    Family Room
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    Family Room
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    Family Room
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    3-Piece Bath
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    Hot Tub
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    Front Driveway
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Virtual Tour

Listed by RE/MAX of Nanaimo
Data was last updated October 22, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$899,500
Min list price:
$599,000
Max list price:
$4,388,000
Avg days on market:
36
Min days on market:
1
Max days on market:
141
Avg price per sq.ft.:
$370.89
These statistics are generated based on the current listing's property type and located in Na Chase River. 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.