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$249,900

532 Selby St, Nanaimo, BC, V9R 2R8

MLS® # 985656

Property Information:

POTENTIAL DUPLEX LOT IN THE HEART OF DOWNTOWN NANAIMO. This prime 38 x 74.4 ft cleared vacant lot is an incredible opportunity to bring your plans and develop a building with innumerable possible uses. Zoned DT8, this flexible use zoning allows for mixed-use commercial and residential, residential use, street level commercial with second and third floors as multi-family residential uses, and more. The location is perfectly suited for a thriving business, adjacent to Nob Hill Park and close to all services and the vibrant Nanaimo Harbour. City services are available to the lot as well as natural gas. Enjoy breathtaking views of the mountain and city by adding height on the upper levels. Whether for single or multi-family residential or commercial purposes, the options are endless. The DT8 zoning permits a variety of businesses, such as pharmacies, offices, restaurants, pubs, daycares & more. Don't miss out on your chance to build your dream property in this fantastic downtown location.

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $2,549
  • Lot Frontage: 2827 Square Feet
  • Lot Size: 2827.00 Square Feet
  • Ownership: Freehold
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Sub Type: Land
  • Water Source: Municipal
  • Zoning: DT8
  • Zoning Description: Residential
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 0

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 532 Selby St, Nanaimo, BC, V9R 2R8

Demographic Information of 532 Selby St, Nanaimo, BC, V9R 2R8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,880.57

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.73 %

High school certificate or equivalent

29.87 %

Apprenticeship trade certificate/diploma

9.41 %

College/non-university certificate

18.76 %

University certificate (below bachelor)

2.73 %

University Degree

24.5 %

Commuter

Travel To Work

By Car

71.36 %

By Public Transit

8.36 %

By Walking

16.2 %

By Bicycle

1.42 %

By Other Methods

2.66 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.5 %

Houses

43.5 %

Own Vs. Rent