2330 Extension Road
FVREB Out of Town No City Value V9X 0A9

$4,388,000
Land

Main Photo: 2330 Extension Road in No City Value: FVREB Out of Town Land for sale in "Chase River" : MLS®# R2921482
Status:
Active
Prop. Type:
Land
MLS® Num:
R2921482
Discover an exceptional investment opportunity with this 5-acre development lot located within Nanaimo's city limits, one of the region's fastest-growing areas. A proposal for a 27-unit development has been thoroughly discussed with city officials, and all architectural and engineering designs, along with geotechnical, environmental, and other reports, are available as part of the offering. The potential for higher density under the new Nanaimo OCP regulations provides substantial development opportunities. Adjacent to the Swordfern/Stonecrop subdivision in the desirable Cinnabar Heights area along Extension Rd, this lot offers a perfect blend of natural living and urban convenience. It is an ideal location for your next project, combining tranquility with proximity to city amenities.
Property Type:
Land
Bathrooms:
- (Full:-/Half:-)
Taxes:
$10,110.75 / 2023
Lot Area:
5 acre(s)
Exposure / Faces:
East
Water Supply:
Public
Name of Complex/Subdivision:
Chase River
Development Status:
No Building Permit Approved, Development Permit Not Available
Building Plans:
Not Available
Info Package Avail.:
Yes
Property Type:
Land
Bathrooms:
- (Full:-/Half:-)
Taxes:
$10,110.75 / 2023
Lot Area:
5 acre(s)
Exposure / Faces:
East
Water Supply:
Public
Name of Complex/Subdivision:
Chase River
Development Status:
No Building Permit Approved, Development Permit Not Available
Building Plans:
Not Available
Info Package Avail.:
Yes
PARK; VALLEY; FOREST
LOT 2, PLAN VIP38297, SECTION 13, RANGE 3, CRANBERRY LAND DISTRICT, EXCEPT PLAN VIP38297
Age Restrictions:
No
Property Disclosure:
false
Home Owners Association:
No
Original Price:
$4,388,000
Land Lease:
No
Zoning:
R10
Access to property:
Road Access
Utilities:
Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity Not Available, Natural Gas Not Available, Phone Nearby, Cable Not Available
Electricity:
No
Potential for Rezoning:
Yes
Sketch Attached:
No
Restrictions:
Other
PARK; VALLEY; FOREST
LOT 2, PLAN VIP38297, SECTION 13, RANGE 3, CRANBERRY LAND DISTRICT, EXCEPT PLAN VIP38297
Age Restrictions:
No
Property Disclosure:
false
Home Owners Association:
No
Original Price:
$4,388,000
Land Lease:
No
Zoning:
R10
Access to property:
Road Access
Utilities:
Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity Not Available, Natural Gas Not Available, Phone Nearby, Cable Not Available
Electricity:
No
Potential for Rezoning:
Yes
Sketch Attached:
No
Restrictions:
Other
  • Photo 1: 2330 Extension Road in No City Value: FVREB Out of Town Land for sale in "Chase River" : MLS®# R2921482
    Photo 1 of 1
Listed by Westmont Realty Inc.
Data was last updated April 1, 2025 at 09:40 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$239,500
Min list price:
$84,444
Max list price:
$4,388,000
Avg days on market:
187
Min days on market:
22
Max days on market:
907
These statistics are generated based on the current listing's property type and located in FVREB Out of Town. Average values are derived using median calculations.