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$899,900

Est. payment - /mo

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0.51 Acres Lot

Active

5605 Cougar Ridge Pl Nanaimo, BC V9T 5R6

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Kyle Kerr

kyle@initiumre.com +1(250) 818-5595

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Cougar Ridge Estates

MLS Listing ID 992767

Rental Info Unrestricted

Annual Tax Amount $5,723

Tax Year 2024

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Land

Property Description

This exceptional 3 unit ocean-view development site is .51 acres and is located in the sought-after Cougar Ridge Estates. This offers a rare opportunity to build in one of North Nanaimo's most picturesque neighborhoods. Fully serviced with gas, sewer, and water, this property is surrounded by high-end homes, adding to its appeal and value. Currently zoned for three units, the city has expressed interest in the possibility of rezoning for increased density, making this an excellent investment opportunity. Conveniently located near all levels of shopping, dining, and essential amenities, the property is also just a short walk or drive to both elementary and high schools. With parks and beaches nearby, this prime location offers the perfect blend of natural beauty and urban convenience. Don't miss your chance to develop in one of Nanaimo's most desirable communities. (Measurements and data approximate; verify if important.)

Location

Province BC

County Nanaimo, City Of

Area Na North Nanaimo

Zoning R10

Rooms

Kitchen 0

Exterior

Utilities Available Natural Gas Available

View Y/N Yes

View Mountain(s), Ocean

Building

Lot Description Cul-de-sac, Family-Oriented Neighbourhood, No Through Road

Sewer Sewer To Lot

Water To Lot

Others

Restrictions Building Scheme

Tax ID 030-042-411

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by eXp Realty (NA)

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1