$1,495,000
$1,495,000
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1015/1021 Virginia Rd Errington, BC V0R 1V0
12 Beds
6 Baths
3,000 SqFt
Key Details
Sold Price $1,495,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $498
MLS Listing ID 886549
Sold Date 01/14/22
Style Other
Bedrooms 12
Rental Info Unrestricted
Year Built 1955
Annual Tax Amount $4,668
Tax Year 2020
Lot Size 4.510 Acres
Acres 4.51
Property Description
Exciting Development Property. This expansive 5 acre property has amazing potential for future development with Residential and Commercial site specific zoning in place. Ideally located close to Coombs, this parcel is surrounded by nature trails and is 2 minutes to the Old Country Market and Goats on the Roof. The unique zoning, R-1.6, allows for nine dwelling units, 3 manufactured homes, as well as a retail store with a floor area of up to 10,000+ square feet. The current dwellings, which includes 8 homes as well as an 8 pad mobile home park are all income generating with excellent tenants in place. All existing dwellings are being sold as is, and all mobiles are privately owned, and are not included in the sale. There is a licensed and inspected water system in place, as well as a septic pump system to service all of the dwellings. There is unlimited potential here so don't miss out on this great opportunity!
Location
State BC
County Nanaimo Regional District
Area Pq Errington/Coombs/Hilliers
Direction See Remarks
Rooms
Basement Crawl Space, None
Main Level Bedrooms 12
Kitchen 0
Interior
Interior Features Eating Area
Heating Baseboard
Cooling None
Laundry Other
Exterior
Utilities Available Cable Available, Electricity Available, Garbage, Phone Available, Recycling
Roof Type Other
Handicap Access Accessible Entrance
Parking Type Additional
Total Parking Spaces 10
Building
Lot Description Acreage, Shopping Nearby
Building Description Other, Other
Faces See Remarks
Foundation Poured Concrete
Sewer Septic System
Water Well: Drilled
Structure Type Other
Others
Tax ID 009-428-534
Ownership Freehold
Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with RE/MAX of Nanaimo - Dave Koszegi Group