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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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Bedrooms: | 3 |
Bathrooms: | 2 |
Listing Type: | House/Single Family |
Sqft | 1,607 |
Lot Size | 3,738 |
Built: | 1958 |
Price: | $2,500,000 |
Listed By: | Angell, Hasman & Associates Realty Ltd. |
MLS: | R2839060 |
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Description
Development Opportunity. 6 lot LAND ASSEMBLY located next to "Clarendon Heights" in the heart of Norquay Village. 22,000+ sqft lot zoned for Four-Storey Low-Rise multifamily. Conveniently located with daily amenities just steps away along the Kingsway corridor. Nanaimo skytrain just a short walk away, and beautiful Trout Lake close by. Norquay Village is an established community experiencing growth in population and improvement of overall city infrastructure. Take advantage of the utilities, services, and precedence of neighboring "Clarendon Heights" as it has paved the way for new development in this neighborhood.
Taxes (2023): $5,942.98
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