Over 2 acres of gently sloping land on a corner lot fronting on two roads. With city water to the lot line on Fourteenth Street and already connected to city sewer services, there is opportunity here. Positioned on the end of a dead end road, with the old railway behind, the R1 zoning may permit a second dwelling on the property and the lot size has potential for subdivision with consideration for DPA7 and setbacks from the creek. Property is tenanted, and tenants are hoping to stay. All information regarding development opportunity should be confirmed with the City of Nanaimo.
Address
1551 Frames Rd
List Price
$599,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
sale
Area
Nanaimo
Sub-Area
Na Chase River
Bedrooms
2
Bathrooms
1
Floor Area
848 Sq. Ft.
Lot Size
93654 Sq. Ft.
Lot Size (Acres)
2.15 Ac.
Year Built
1910
MLS® Number
1003933
Listing Brokerage
460 Realty Inc. (NA)
Basement Area
Unfinished
Postal Code
V9R 6R3
Tax Amount
$4,610.00
Tax Year
2024
Features
Wood