1441/1445 Montrose Ave new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9T5N2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,689 sqft
Price per Sqft $709
Subdivision Departure Bay
MLS Listing ID 1000857
Bedrooms 4
Year Built 1956
Lot Size 0.321 Acres
Acres 14000.0
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
Property Description
Prime Oceanview Development Opportunity — 1441 Montrose Avenue, Nanaimo An exceptional opportunity awaits with this lavish 14,000 sq ft oceanview lot, ideally positioned in the highly sought-after Departure Bay community of Nanaimo. Boasting sweeping views of the water and a premier location, this property is now designated under COR1 zoning, aligning perfectly with Nanaimo's Official Community Plan to support higher-density residential development. Just moments from the Nanaimo Golf Club, Brooks Landing Mall, and the picturesque Departure Bay Beach, this site offers unparalleled access to recreation, shopping, and essential amenities. Currently improved with a legal duplex generating steady rental income from two spacious 2-bedroom suites, the property presents both an excellent holding asset and a prime redevelopment prospect. Preliminary indications suggest the potential to accommodate 20–22 residential units, making it ideal for a multi-family building or modern townhome development. This is a rare chance to secure a high-density parcel in one of Nanaimo's most desirable and rapidly evolving neighbourhoods. Seize this opportunity to enter or expand within the thriving Nanaimo market. Contact us today to discover the full potential of this outstanding development site. Buyer to conduct their own due diligence to verify desired density, zoning regulations, and development requirements with the City of Nanaimo. (id:24570)
Location
State BC
Zoning Duplex
Rooms
Kitchen 2.0
Extra Room 1 Main level 4-Piece Bathroom
Extra Room 2 Main level Measurements not available x 10 ft Bedroom
Extra Room 3 Main level 11 ft X 10 ft Bedroom
Extra Room 4 Main level Measurements not available x 10 ft Kitchen
Extra Room 5 Main level 12'11 x 8'1 Dining room
Extra Room 6 Main level 16 ft x Measurements not available Living room
Interior
Heating Forced air,
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Others
Ownership Freehold