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531 Second St in Nanaimo: Na University District House for sale : MLS®# 901201

531 Second St Nanaimo V9R 1X7 : Na University District

Main Photo: 531 Second St in Nanaimo: Na University District House for sale : MLS®# 901201
$749,900
Prop. Type:
Residential
MLS® Num:
901201
Status:
Active
Bedrooms:
2
Bathrooms:
1
Year Built:
1920
Attention Builders/Developers! Here is a rare opportunity to own this development property in the heart of the university district of Nanaimo. The property consists of 2 separately title lots and fronting on 2 streets – which could be potentially rezoned for duplex. The home was formerly the Fairview convenience store and has been converted to a 2 bedroom residence with the original store front area remaining which is currently used as storage. The CC1 zoning is ideal and allows mixed commercial/ residential up to 3 levels. The sale includes professional architectural drawings for future development. The location is deal with Vancouver Island University, shopping and downtown all just minutes away. This is a rare opportunity, act quick! All measurements are approximate & should be verified if important.
Property Type:
Residential
Type:
Single Family Detached
Year built:
1920 (Age: 102)
Living Area:
Switch units of measure1,632 sq. ft.
Listing General Location:
Na University District, Nanaimo
Bedrooms:
2
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
Switch units of measure5,661.039 sq. ft.
Kitchens:
1
Taxes:
$4,236 / 2021
Construction:
Other
New Construction:
No
Basement:
Not Full Height
Foundation:
Other
Roof:
Fibreglass Shingle
Floor finish:
Mixed
Total Building Area:
Switch units of measure1,632 sq. ft.
Total Unfinished Area:
Switch units of measure0 sq. ft.
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
Switch units of measure0 sq. ft.
Living Area Main Floor:
Switch units of measure1,632 sq. ft.
Living Area Other Floor:
Switch units of measure0 sq. ft.
Living Area 2nd Floor:
Switch units of measure0 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Storage
Ground Level
0
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Yes
No
Unrestricted
Floor
Type
Dimensions
Other
Main Floor
Bedroom
Switch units of measure13' x 9'
Main Floor
Primary Bedroom
Switch units of measure13' x 8'
Main Floor
Kitchen
Switch units of measure12' x 10'
Main Floor
Living Room
Switch units of measure13' x 11'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
Financing Notes:
Co-operating Commission 3.5 100M/1.5 bal if physical introduction. Otherwise 1.75 100M/.75 bal
Assessed:
415100.0
Assessment year:
2022
Jurisdiction name:
City of Nanaimo
Legal Description:
THE WEST 1/2 OF LOT 1, SECTION 1, NANAIMO DISTRICT, PLAN 1624 and THE WEST 1/2 OF LOT 2, SECTION 1, NANAIMO DISTRICT, PLAN 1624 PIDS 007-179-022 & 007-179-049
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
See Remarks
Layout:
Rancher
Lot Site Features:
Level, Recreation Nearby, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Street
Total Parking Spaces:
4
Date Listed:
Apr 26, 2022
Original Price:
749900.0
Data was last updated May 23, 2022 at 10:05 PM (UTC)
RICK HORSLAND
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.