4470 Burma Rd

Single Family For Sale in Nanaimo, British Columbia

$15,888,888
  • 5 Beds
  • 4 Baths
  • 2,800 Sq. Ft.
  • Built 2022

Welcome to the crown jewel of North Nanaimo! This 29.16-acre property is a developer's dream, offering immense potential for lucrative ventures. Currently zoned as Urban Reserve, envision over 22 dwellings sprawling across this vast expanse. With neighboring subdivisions fetching upwards of $500K for 6000sf lots, the investment potential is staggering. But wait, there's more! This property presents an unparalleled opportunity for rezoning, paving the way for multifamily or higher density usage. Imagine the possibilities: a vibrant community, a thriving commercial hub, or luxurious residential complexes. The choice is yours, limited only by your imagination. Nestled within this expansive parcel lies a stunning new 5-bed, 4-bath home, complete with a legal mortgage helper suite. BC Assessment measurements provide a solid foundation, with details to be verified by the discerning buyer. And for those seeking flexibility, vendor financing may be available for qualified buyers, subject to the seller's discretion. Don't miss out on this once-in-a-lifetime chance to secure your slice of Nanaimo's future. Seize the opportunity, and let your vision become reality. Reach out today to unlock the potential of this remarkable property! (id:4069)
Address 4470 Burma Rd
List Price $15,888,888
Property Type Single Family
Type of Dwelling House
Style of Home Westcoast
Area British Columbia
Sub-Area Nanaimo
Bedrooms 5
Bathrooms 4
Floor Area 2,800 Sq. Ft.
Lot Size 29.1 Sq. Ft.
Year Built 2022
MLS® Number 962877
Listing Brokerage Sutton Group-West Coast Realty (Nan)
Postal Code V9T5X4
Zoning AR2
Features Hillside, Park setting, Southern exposure, Wooded area, Other

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Anton NIKL Personal Real Estate Corporation

Royal LePage Nanaimo Realty

4200 Island Highway N Nanaimo BC V9T1W6

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