431 Maple St Nanaimo, British Columbia V9S 2J4

$450,000

Here's a rare chance to build in Brechin Hill, one of Nanaimo's best-connected neighbourhoods. This 7,800 sq ft lot is zoned R5 for Small-Scale Multiple Family Residential, opening the door to up to four units, all subject to City of Nanaimo approval. With a lot this size, there's real room to work with on design and layout, whether you're ready to build now or prefer to hold for later. The property is sold for land value only, with the existing structure to be demolished. That makes this an ideal canvas for your next project, free of the compromises that come with renovating an older home. The location is hard to beat. The lot backs right onto Barney Moriez Park, and you're just a 7-minute walk to the Departure Bay BC Ferry Terminal. Seair float plane service and the marina are steps away, and the Harbourfront Seawall, waterfront restaurants, and pubs are all close by. Terminal Park Plaza covers your everyday shopping needs, and families will appreciate the Cilaire Elementary and Wellington Secondary catchment. Buyers are responsible for their own due diligence with the City of Nanaimo regarding zoning, permitted uses, and development potential. All measurements are approximate and should be verified by the buyer if important. (id:48643)

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https://www.realtor.ca/real-estate/29930479/431-maple-st-nanaimo-brechin-hill