Prime Multifamily Development Opportunity! This large, R8-zoned corner lot is perfect for a four-plex build. Currently featuring a 3-bedroom, 2-bath character home (built in 1905) with a separate 1-bedroom suite. Strategically located near Departure Bay ferry terminal, bus routes, shopping, schools, parks, and major highways—this site offers unbeatable convenience. With two existing water connections, expanding the property is made easier. Featuring mature fruit trees and an established salon business currently operating on the property, both the salon and lower suite are owner-occupied but can be rented out by the new owner. Whether you’re looking to develop, invest, or both, this versatile property offers endless possibilities. Sold as-is, this property is ideal for developers or investors ready to maximize its potential. All measurements are approximate; buyers to verify if important.
Address
410 Rosehill St
List Price
$575,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Character
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Bedrooms
3
Bathrooms
2
Floor Area
1,750 Sq. Ft.
Lot Size
7840 Sq. Ft.
Lot Size (Acres)
0.18 Ac.
Year Built
1905
MLS® Number
984924
Listing Brokerage
B.C. Farm & Ranch Realty Corp.
| eXp Realty (NA)
Basement Area
None
Postal Code
V9S 1E5
Tax Amount
$3,840.31
Tax Year
2023
Features
Baseboard
Amenities
Central Location, Corner Lot, Level, Marina Nearby, Shopping Nearby