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5400 DEWAR NANAIMO
North Nanaimo neighbourhood of Nanaimo British Columbia Canada V9T 5G2
$2,175,000
5400 DEWAR NANAIMO
Price: $2,175,000
MLS Number: 918722
Property Type: Fourplex
This two-property package (5400 Dewar & 5351 Redmond) includes an 84,080 sqft R10 zoned parcel and a 29,923 sqft parcel that was recently rezoned to R10 for a total of 1.059 hectares. R10 allows for detached residential subdivisions and clustered multiple family developments with a density of 16 units per hectare. The location is directly adjacent to Oceanview Terrace, a neighbourhood of million-dollar-plus homes. This property has excellent potential for high end homes as premium ocean views are created as the property is developed and trees are removed/thinned. Please verify measurements if important.