2640 Cedar Heights Cres Nanaimo, British Columbia V9X 1N4
$1,200,000
One of a kind, 14 acre Institutional Zoned bare land property adjacent to Cable Bay Area. Land is mostly level with many building sites, Southern Exposure, two spring fed ponds which are home to many wildlife species. The zoning allows for institutional use which would include schools, intermediate or extended care, memory centre, or many other group home related uses. Property currently has 200 amp electrical service and three phase power is available at the property line. An excellent well producing approx. 14 gpm. Property is designated Residential under the OCP, so the RDN will support it being rezoned to residential to accommodate at least two additional residences, plus suites. Property is divided by a road and may be able to be subdivided to 8 and 5 acre parcels. Contact Martin Velsen for additional information. (id:48643)
Property Details
| MLS® Number | 1008107 |
| Property Type | Vacant Land |
| Neigbourhood | Cedar |
| Features | Acreage, Private Setting, Wooded Area, Other |
| Parking Space Total | 100 |
| Plan | Vip24306 |
| View Type | Mountain View |
Building
Land
| Access Type | Road Access |
| Acreage | Yes |
| Size Irregular | 14.46 |
| Size Total | 14.46 Ac |
| Size Total Text | 14.46 Ac |
| Zoning Description | I1 |
| Zoning Type | Other |
https://www.realtor.ca/real-estate/28672396/2640-cedar-heights-cres-nanaimo-cedar
Contact Us
Contact us for more information
Martin Velsen
Personal Real Estate Corporation
www.martinvelsen.com/
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#1 - 5140 Metral Drive
Nanaimo, British Columbia V9T 2K8
(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxprofessionalsbc.com/
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August 01 2025 11:32:18
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