Address
5557 Big Bear Ridge, Nanaimo, BC
Price
$ 549,999
Property Attributes
  • MLS#1047925
  • TypeSingle Family
  • Listing Status Active
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Pleasant Valley
  • Postal CodeV9T 2K3
  • StyleSingle Family Detached
  • Year Built1976
  • Taxes$ 4235
  • Price$ 549,999
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1301
  • Lot Size0.41 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

Development site in the heart of Pleasant Valley: an 18,000 sq ft (0.41 acre) R5-zoned lot with municipal water and sewer already connected. Under Nanaimo's small-scale multi-unit housing zoning, R5 allows up to four dwelling units on a lot this size, from a fourplex or triplex to two detached homes with suites, with no maximum floor area ratio. The extra-deep lot steps down from the road beneath mature trees, suiting a terraced or walk-out design, or one substantial new home with a large private yard. A three-bedroom manufactured home sits on the site today; the value here is in the land. Quiet ridge road close to shopping, transit and the Nanaimo Parkway. Ideal for developers planning a fourplex, triplex or duplex; individuals with a dream of designing and building their own home; or buyers seeking an affordable entry onto a large lot with the option to build later. Buyer to verify zoning with the City of Nanaimo. Measurement is approximate.

General Features

Living Area 1301.00
Sewer Sewer Connected
Heating Baseboard,Electric,Heat Pump
Cooling Air Conditioning
Roof Other
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Zoning R5
Number of Garage Spaces 1
Property Subtype Single Family Detached
Property Type Residential
Parking Total 1
Construction Materials Frame Metal,Other
Zoning Type Residential
Bathrooms Count Main Level 3
Ensuite 4 Piece Total 1

Interior Features

Basement Other
Basement Y/N Yes
Total Kitchens 1
Laundry Features In House
Living Area Third 0.00
Living Area Second 0.00
Living Area Other 0.00
Living Area Main 1301.00
Living Area Lower 0.00
Kitchens Count Main Level 1
Building Area Unfinished 101.00
Bedrooms Or Dens Total 3
Bedrooms Count Main Level 3
Bath 4 Piece Total 1

Exterior Features

Water Source Municipal
Parking Features Garage,Open
Foundation Other
Building Area Total 1402.00
Garage Y/N Yes
Lot Size Square Feet 18000.00
Lot Size Acres 0.41

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9T 2K3

Price
AVG $550K
$550K
Taxes
AVG $4,235
$4,235
Year Built
AVG 1976
1976
Visits
AVG 45
43
Data Provided by Inside Real Estate®

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