4470 Burma Rd, Nanaimo, BC
$ 15,999,999
Property Attributes
  • MLS#921300
  • TypeCommercial
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa North Nanaimo
  • Postal CodeV9T 5X4
  • StyleMulti Family
  • Taxes$ 15053
  • Price$ 15,999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3000
  • Lot Size29.16 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

VTB (First Mortgage only) of up to 70% of accepted offer price, 3 year at 3%-5% possible for a qualified buyer approved and provided at the sole discretion of the seller. Seller open to many options bring your best offer. Welcome to most desirable property of North Nanaimo. 29.16 acres potential development land in Urban Reserve zoning allows for 22 dwellings in current zoning (2 dwellings per 2.47 acres). This property is surrounded by new subdivisions around. Can be rezoned to multifamily or higher density usage. The options are endless There is a new house on the property with a legal mortgage helper suite. Buyer to verify details if important. Also listed 921313

General Features

Commercial Area Core (excl Downtown)
Commercial Listing Type Building, Land
Property SubType Multi Family
Property Type Commercial Sale
Sewer Sewer To Lot
View Other
Zoning AR2

Exterior Features

Building Area Total 3000.00
Building Features See Remarks
Lot Description Acreage, Private, Quiet Area, Rocky, Serviced, Wooded Lot
Lot Size Acres 29.16
Lot Size Square Feet 1267596.00
View Yn Yes
Water Source Municipal


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9T 5X4

AVG $16M
AVG $15,053
AVG 781

Areas We Cover