Approved Development Permit - 24 Units core area Nanaimo - An opportunity to acquire a unique residential development in the old city of Nanaimo. A Development Permit [DP) was issued on January 23, 2023 for the proposed 24 unit project by the City of Nanaimo. The project location provides an excellent opportunity for convenient living, most likely for new couples, individuals working in central Nanaimo, and college students / workers. The project promotes a desirable place to live, creates a healthy sense of community, and promotes a positive neighbourhood. Situated on the route to the university, which takes about 20 -25 minutes on foot or using public transportation, 10 minutes away from Port Place shopping center, approximately 15 minutes away from the harbour and central parks, and 12 -15 minutes away from the fast ferry (planned to commence summer 2023) that will connect downtown Nanaimo to downtown Vancouver under 70 minutes. Comprehensive due diligence package available.