Homes For Sale in Nanaimo

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1441/1445 Montrose Ave
Na Departure Bay Nanaimo V9T 5N2

$999,900
Residential beds: 4 baths: 2.0 1,689 sq. ft. built: 1956

Main Photo: 1441/1445 Montrose Ave in Nanaimo: Na Departure Bay Single Family Residence for sale : MLS®# 973894
Photo 1: 1441/1445 Montrose Ave in Nanaimo: Na Departure Bay Single Family Residence for sale : MLS®# 973894
Photo 2: 1441/1445 Montrose Ave in Nanaimo: Na Departure Bay Single Family Residence for sale : MLS®# 973894
Photo 3: 1441/1445 Montrose Ave in Nanaimo: Na Departure Bay Single Family Residence for sale : MLS®# 973894
Photo 4: 1441/1445 Montrose Ave in Nanaimo: Na Departure Bay Single Family Residence for sale : MLS®# 973894
Photo 5: 1441/1445 Montrose Ave in Nanaimo: Na Departure Bay Single Family Residence for sale : MLS®# 973894
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Status:
Active
Prop. Type:
Residential
MLS® Num:
973894
Bedrooms:
4
Bathrooms:
2
Year Built:
1956
*Prime Oceanview Development Opportunity at 1441 Montrose Avenue, Nanaimo!* This property, now designated under the COR1 zoning, this is a developer’s dream, perfectly aligned with Nanaimo’s Official Community Plan to support higher-density residential projects. Situated near the Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, this location offers easy access to recreation and shopping. Currently, a legal duplex provides stable rental income from two 2 bed suites, providing a solid base to hold or immediate redevelopment. This parcel could support 20-22 units making it ideal for a multi-family building or townhomes. This is is your chance to enter or expand in the Nanaimo market with a rare high-density parcel in one of Nanaimo’s most desirable neighbourhoods. Contact us today to explore the full potential of this beautiful development site! Buyer must do own due diligence to confirm desired density, zoning and building plans with the city.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1956 (Age: 68)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,689 sq. ft.
Listing General Location:
Na Departure Bay, Nanaimo
Bedrooms:
4
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
14,000.097 sq. ft.
Kitchens:
2
Taxes:
Construction:
Frame Wood, Vinyl Siding
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
1,689 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
4
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# 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:
1,689 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 Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Electric, Forced Air
Fireplace:
No
Pending Date:
Balcony/Deck
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
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:
Zoning:
R4
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
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:
Resale
Exposure / Faces:
Southeast
Layout:
Duplex Side/Side
Lot Site Features:
Central Location, Landscaped, Near Golf Course
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
4
Total Units:
Date Listed:
Aug 23, 2024
Original Price:
999900.0
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Listed by RE/MAX of Nanaimo
Data was last updated October 30, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$807,000
Min list price:
$235,000
Max list price:
$2,100,000
Avg days on market:
56
Min days on market:
4
Max days on market:
211
Avg price per sq.ft.:
$417.06
These statistics are generated based on the current listing's property type and located in Na Departure Bay. 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.