4470 Burma Rd

Single Family Residence For Sale in Na North Nanaimo, Nanaimo

$15,388,888
  • 5 Beds
  • 4 Baths
  • 2,800 Sq. Ft.
  • Built 2022
Welcome to the crown jewel of North Nanaimo! This 29.16-acre property is a developer's dream, offering immense potential for lucrative ventures. Currently zoned as Urban Reserve, envision over 22 dwellings sprawling across this vast expanse. With neighboring subdivisions fetching upwards of $500K for 6000sf lots, the investment potential is staggering. But wait, there's more! This property presents an unparalleled opportunity for rezoning, paving the way for multifamily or higher density usage. Imagine the possibilities: a vibrant community, a thriving commercial hub, or luxurious residential complexes. The choice is yours, limited only by your imagination. Nestled within this expansive parcel lies a stunning new 5-bed, 4-bath home, complete with a legal mortgage helper suite. BC Assessment measurements provide a solid foundation, with details to be verified by the discerning buyer. And for those seeking flexibility, vendor financing may be available for qualified buyers, subject to the seller's discretion. Don't miss out on this once-in-a-lifetime chance to secure your slice of Nanaimo's future. Seize the opportunity, and let your vision become reality. Reach out today to unlock the potential of this remarkable property!
Address 4470 Burma Rd
List Price $15,388,888
Property Type Residential
Type of Dwelling Single Family Residence
Style of Home West Coast
Area Nanaimo
Sub-Area Na North Nanaimo
Bedrooms 5
Bathrooms 4
Floor Area 2,800 Sq. Ft.
Lot Size 1267596 Sq. Ft.
Year Built 2022
MLS® Number 962877
Listing Brokerage Sutton Group-West Coast Realty (Nan)
Basement Area Crawl Space
Postal Code V9T 5X4
Tax Amount $32,083
Tax Year 2023
Features Electric, Mixed, Other, Security System
Amenities Garden, Hillside, In Wooded Area, No Through Road, Park Setting, Quiet Area, Rural Setting, Southern Exposure, Wooded

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Steven Dunn, CNE

eXp Realty - Vancouver Island

203 - 335 Wesley St. Nanaimo BC V9R 2T5

Office: 250.797.5360

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