I have listed a new property at 5179 DEWAR ROAD in NANAIMO.
This RIO zoned, 0.56 acre lot is well suited to a Detached Strata Plan with 3 homes. Two homes must be built to 'lock up' concurrently according to City of Nanaimo requirements. Third can be built subsequently. Please a verify this with City of Nanaimo officials. Incredible panoramic ocean views from this easily accessible and desirable North end location. Upward slope to lot will best suit ground level entry homes with main living upstairs. The property is fully serviced with a roadway, water, sewer, and natural gas to each site location. A proposal of where to locate the homes is available. The seller is willing to look at terms to make your development plans a reality. Located in an area where newer homes (2015 or newer) are listed anywhere from $845,000 and up to $2,499,000. Since Jan 2, 2019 to Oct 24, 2019 sale prices in the area have been from $775 to $1.48 mil. This is a sought after neighbourhood of executive homes. The views will never cease to amaze you or your clients. Property size from BC Assessments; please verify if deemed important. Also listed under Lots and Acreage MLS #464758.