$999,000

4745 Ledgerwood Road


Nanaimo, BC V9T 6K8

MLS #424262

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  • Land
  • Property Size: 3.16 acres
  • Shopping Nearby
  • Natural Gas to Lot
  • Hydro to Lot
  • Bus Route Nearby
  • Municipal water
  • Storm sewers
  • Telephone

This 3.16 acre medium density, multi-family residential development property is ideal for apartment buildings, 4- plexes, senior residence with accompanying support services etc. Old plan had been approved by the city of Nanaimo for 3 apartment buildings with a total of 114 units. Housing loan opportunities may be available through central mortgage and housing, it's program to develop new affordable housing. Property strategically located just off Jordan, off Mostar, a main corridor route into North Nanaimo & all its amenities. This lot fronts Ledgerwood Rd & is in the Rutherford area of North Nanaimo. Immediate area, a mix of light industrial & residential. Shopping nearby. Nanaimo is the place people are coming to. Most people coming here means increasing demand for housing. Great time to be developing on Vancouver Island.Enter property description...

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